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Business 30 May 2011 | 12:00 AM

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 30 May 2011 | 12:00 AM

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 10 May 2011 | 12:00 AM

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 29 Apr 2011 | 12:00 AM

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 17 Feb 2011 | 12:00 AM

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 24 Jan 2011 | 12:00 AM

Khazanah stresses on need for timely delivery of KLIA2

PETALING JAYA: Two years since airport operator Malaysia Airports Holdings Bhd (MAHB) was tasked to build the permanent low-cost carrier terminal (LCCT) in Sepang now known as KL International Airport 2 (KLIA2), its holding company Khazanah Nasional Bhd has come out to say that the timely delivery of the airport is critical for the country's air transportation development.

Business 03 Jan 2011 | 12:00 AM

MAHB on track to meet five-year plan

PETALING JAYA: Malaysia Airports Holding Bhd (MAHB), which recently unveiled its key performance indicators (KPIs) for this year, is expected to achieve its five-year (2010-2014) business plan.

Business 09 Nov 2010 | 12:00 AM

Firefly plans to expand services and take up 30 B737-800s

PETALING JAYA: Firefly, a wholly-owned unit of Malaysia Airlines (MAS), would take up to 30 i>B737-800 /i>aircraft from year-end to 2015 as part of its expansion into east Malaysia now and into the regional markets in future.

Business 31 Aug 2010 | 12:00 AM

New low cost carrier terminal to cost more

SEPANG: Malaysia Airports Holdings Bhd (MAHB), which had an initial budget of RM2bil to build the new low-cost carrier terminal (LCCT) may have to pay more for the terminal due to delays in placing out contracts.