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PETALING JAYA: The Government has issued Ritz Airline Berhad a warning letter for marketing itself as an umrah carrier despite not having the required licences.
KUALA LUMPUR: The Malaysian Aviation Commission (Mavcom) on Tuesday revoked the air service permit (ASP) of global umrah/hajj charter operator Eaglexpress Air Charter Sdn Bhd effective Dec 21 for failing to comply with certain conditions within the stipulated timeframes.
KUALA LUMPUR: AirAsiaX’s nine months core net profit was probably 10% below expectations, accounting for about 45% of CIMB Equities Research’s previous full-year forecast due to lower-than-expected yields.
KUALA LUMPUR: RAM Rating Services views the revised passenger service charge (PSC) structure as a negative development for Malaysia Airports Holdings Bhd (MAHB).
PETALING JAYA: Malaysia Airlines (MAS) is the biggest winner of the recently revised passenger service charges (PSC) as the airline’s Asean fares could become more competitive effective Jan 1, 2017.
KUALA LUMPUR: AeroManager Sdn Bhd has received the Air Operator Certificate (AOC) from the Department of Civil Aviation Malaysia (DCA) and the Air Service Permit (ASP) from the Malaysian Aviation Commission (MAVCOM), effective today.
KUALA LUMPUR: CIMB Research has downgraded Malaysia Airports Holdings Bhd (MAHB) to “hold” from “add” previously with a lower target price of RM6.80 due to higher risk profile following the announcement by Malaysian Aviation Commission (Mavcom).