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AirAsia says it will move to KLIA 2

KUALA LUMPUR: AirAsia will move to the KL International Airport 2, according to executive chair­man Datuk Kamarudin Mera­nun.


Government to address KLIA2 impasse

HANOI: The Government has agreed to look into AirAsia’s latest concerns about KLIA2 but the low-cost carrier will have to move to the new terminal eventually.


'Hold' for MAHB in the near term

AmResearch has maintained its “hold” recommendation on Malaysia Airports Holdings (MAHB) with an unchanged fair value of RM8.40 per share based on sum-of-parts valuation.


AirAsia will stay put at current LCCT

PETALING JAYA: AirAsia and AirAsia X have refused to move to KLIA2, the new air terminal built specifically for low cost carriers, until all the safety and security issues have been resolved.


Hwang DBS IB price tag decent

AFFIN Holdings Bhd will acquire selective assets of Hwang DBS for RM1.363bil. The assets are a 100% interest in Hwang DBS Investment Bank (Hwang IB) (RM1.088bil), RM262mil for a 70% interest in Hwang Investment Management, 49% interest in Asian Islamic Investment Management Sdn Bhd (AIIIM) and RM13mil for 100% interest in HDM Futures Sdn Bhd.


Price war in aviation sector, M'sia Airports the winner: CIMB Research (Update)

CIMB Research is maintaining its Overweight call on the aviation sector in the country but is cutting its forecast for AirAsia, AirAsia X and MAS, with only Malaysia Airports Holding Bhd having its figures upgraded.


Airlines welcome to operate international flights at Sibu Airport

SIBU: Airline companies are not barred from operating international flights in and out of Sibu.


KLIA to be developed into major aeropolis soon

PETALING JAYA: Kuala Lumpur International Airport (KLIA) will soon be developed into a major aeropolis or airport city.


MAHB posts higher Q2 earnings on improved passenger traffic

SEPANG: Malaysia Airports Holdings Bhd (MAHB) posted a higher net profit of RM100.69mil for the second quarter ended June 30 against RM91.1mil a year ago.


MAHB’s plans to attract more airlines to Malaysia

SEPANG: Malaysian Airports Holdings Bhd (MAHB), which posted a fourth-quarter net profit of RM122.9mil, is in discussions to get more airlines to fly into Malaysia.