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KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed Segi Astana Sdn Bhd’s RM415mil debt notes but revised the outlook to negative from stable.
PETALING JAYA: Years of bad blood between AirAsia Group Bhd and Malaysia Airports Holdings Bhd (MAHB) continue to boil over, with the airline now counter-suing the airport operator for over RM400mil in a case involving operational disruptions at KLIA2.
KUALA LUMPUR: Malaysia’s air passenger traffic is set to grow at faster rate of 4.9% this year, up from 2.5% last year.
KUALA LUMPUR: AirAsia Group Bhd will cease charging the RM3 fee for all flights departing the Kuala Lumpur International Airport 2 (KLIA2) starting yesterday, in a move to keep air fares low.
KUALA LUMPUR: AirAsia Group Bhd will cease charging the RM3 fee for all flights departing from the Kuala Lumpur International Airport 2 (klia2) starting on Monday, in a move to keep air fares low.
Business news in brief.
PETALING JAYA: The deal to sell Malaysia Airports Holdings Bhd’s (MAHB) stake in Hyderabad Airport to the airport’s majority shareholder, GMR Airports Ltd, may have lapsed, but this does not mean both companies will not re-look it, industry sources say.
KUALA LUMPUR (Bernama): Malaysia Airports Holdings Bhd (MAHB) has clarified that it has never imposed the RM3 "klia2 fee” that AirAsia plans to stop collecting.
KUALA LUMPUR: Spa Ceylon Malaysia, an Ayurveda retail and spa company, plans to open three spa centres this year, strategically located in the heart of the Klang Valley to meet the needs and demand of its growing customers.
PETALING JAYA: Cellular companies are concerned over the potential disruptions of communication services at KLIA and klia2 with the handover of indoor coverage to a new service provider last night by Malaysia Airports Holdings Bhd (MAHB).