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KUALA LUMPUR: More than 75% of airports in Malaysia are not commercially viable and are managed on a cross-subsidisation model to provide the Malaysian people with the required connectivity among its smaller towns and rural outposts.
THE property market, which has been facing strong headwinds in the past couple of years, continues to be on high alert amid continued discussions of a possible “bubble” and the Government responding in kind to introduce a new national housing policy.
PETALING JAYA: Malaysia Airlines Bhd (MAB) does not expect the impending sales and services tax (SST) to affect airfares if the implementation of the tax regime remains unchanged.
CYCLE & Carriage Bintang Bhd (CCB) reported a weak set of results recently. Affin Hwang Capital said CCB’s overall results were below its expectations due to the weaker than expected earnings before interest, tax, depreciation and amortization (ebitda) margin
KUALA LUMPUR: Two charter airlines, Eaglexpress Air Charter Sdn Bhd and Suasa Airlines Sdn Bhd, have joined AirAsia in urging the new government to abolish the Malaysian Aviation Commission (Mavcom).