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PETALING JAYA: Singapore Airlines' plans to start a long-haul budget carrier have added credibility to AirAsia X's business model and augurs well for the latter's proposed initial public offering (IPO) exercise.
PETALING JAYA: Twenty companies have collected request for proposal (RFP) documents to partner Malaysia Airports Holdings Bhd (MAHB) to develop 50 acres near KLIA2 in Sepang.
PETALING JAYA: Airport operator Malaysia Airports Holdings Bhd (MAHB) would likely see passenger volume grow at a slower pace between 7% and 8% this year, after posting a 12.7% growth last year driven by growth in international and domestic passengers.
SEPANG: Malaysia Airports Holdings Bhd (MAHB) has not given a firm timeline on the completion of the new low-cost terminal, KL International Airport 2 (KLIA2), but stresses that it will get the job done well.
SEPANG: Malaysia Airports Holdings Bhd#8217;s (MAHB) net profit fell 29% to RM100mil for the fourth quarter ended Dec 31, 2010 against RM140.9mil a year earlier.
PETALING JAYA: It is time to set up an independent regulatory body to guide the airline industry's development, said AirAsia Bhd group chief executive officer Datuk Seri Tony Fernandes.
PETALING JAYA: Two years since airport operator Malaysia Airports Holdings Bhd (MAHB) was tasked to build the permanent low-cost carrier terminal (LCCT) in Sepang now known as KL International Airport 2 (KLIA2), its holding company Khazanah Nasional Bhd has come out to say that the timely delivery of the airport is critical for the country's air transportation development.
PETALING JAYA: Malaysia Airports Holding Bhd (MAHB), which recently unveiled its key performance indicators (KPIs) for this year, is expected to achieve its five-year (2010-2014) business plan.
PETALING JAYA: Firefly, a wholly-owned unit of Malaysia Airlines (MAS), would take up to 30 i>B737-800 /i>aircraft from year-end to 2015 as part of its expansion into east Malaysia now and into the regional markets in future.