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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.
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 from the Kuala Lumpur International Airport 2 (klia2) starting on Monday, in a move to keep air fares low.
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.