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PETALING JAYA: Analysts have downgraded Malaysia Airports Holdings Bhd (MAHB) due to the higher costs that will be incurred by the company for the construction of KLIA2, the new low-cost air terminal taking shape next to KL International Airport.
KUALA LUMPUR: Despite poor financial results from the major local airlines, AirAsia Bhd group chief executive Tan Sri Tony Fernandes remains 'very bullish' on the sector.
PETALING JAYA: The billion dollar question as to whether the construction of KLIA2 has incurred significant cost overruns will be answered this Tuesday by Malaysia Airports Holdings Bhd, sources close to the matter told i>StarBizWeek/i>.
PETALING JAYA: Malaysia Airports Holdings Bhd's (MAHB) share price rose to its highest in a more than month to RM6.32 yesterday, on strong buying interest buoyed by the announcement that its new airport charges had secured approval from the Government coupled with a strong set of third-quarter results released on Tuesday.
b>By THOMAS HUONG/b>
PETALING JAYA: The lobbying power of Malaysia Airlines (MAS) and AirAsia has proved to be too strong for airport operator Malaysia Airports Holdings Bhd (MAHB), based on the Government's decision to reverse an increase in aeronautical charges at local airports to be implemented by MAHB.