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Business

AirAsia serves RM480m claim on Malaysia Airports

KUALA LUMPUR: AirAsia has served a notice on Malaysia Airports Holdings Bhd's unit (MAHB) Malaysia Airports (Sepang) Sdn Bhd (MASSB), claiming almost RM480mil for losses incurred from operating at klia2.

Business

MARC lowers outlook on Segi Astana's RM415m notes to negative

KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed Segi Astana Sdn Bhd’s RM415mil debt notes but revised the outlook to negative from stable.

Business

AirAsia sues Malaysia Airports for RM400mil

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.

Business

MAHB: Air passenger traffic to grow faster this year

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.

Business

AirAsia to stop charging KLIA2 fee

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.

Business

AirAsia to stop charging RM3 fee for flights from klia2

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

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Business

MAHB, GMR to revisit deal?

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.

Business

MAHB: We do not impose RM3 "klia2 fee"

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.

Business

Spa Ceylon to open three centres in Klang Valley this year

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.