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MAHB quarterly net profit down on FRS 139 adoption

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.

Business

MAHB plans to get new low-cost terminal job done well

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.

Business

Lower air passenger traffic due to higher oil prices

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.

Business

AirAsia X IPO gets a boost

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.

Business

Strong interest to jointly develop 50 acres near KLIA2

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.

Business

Strong demand for air travel results in MAHB profit jumping 20% in Q1

SEPANG: Malaysia Airports Holdings Bhd (MAHB) recorded a 20% jump in net profit to RM88mil for the first quarter ended March 31, led by strong demand for air travel.

Business

Is hassle-free airports and air travel possible?

HASSLE-FREE air travel is what passengers want all the time.

Business

New LCT designed to enable installation of aerobridges

KUALA LUMPUR: Provisions have been made in the design of the terminals at the new low cost carrier terminal, the KLIA2, to accommodate the installation of aerobridges, if required at any time by AirAsia group or other low cost carriers (LCCs).

Business

KLIA2 40% completed

SEPANG: Airport operator Malaysia Airports Holdings Bhd (MAHB) is more than 40% into the construction of KL International Airport 2 (KLIA2), its official said.