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Nation

Malaysia Airports quashes AirAsia's LCCT2 plans

PETALING JAYA: KLIA2 is not a low-cost carrier terminal but part of the KL International Airport (KLIA) hub, said Malaysia Airports Holdings Berhad (MAHB).

Business

Malaysia Airports FY15 core earnings below expectations

KUALA LUMPUR: Malaysia Airports Holdings Bhd’s (MAHB) core earnings fell 90% on-year for FY15, as the Malaysian operations fell into a loss for the first time in recent memory.

Business

Malaysia Airports kept at Hold by AllianceDBS Research

KUALA LUMPUR: AllianceDBS Research has maintained its “hold” call on Malaysia Airports Holdings Bhd (MAHB) but cut its target price to RM5.40 after reducing its passenger traffic forecasts for Malaysia in FY16-FY17 forecast by 3%.

Business

AirAsia says it has ‘no choice’ but to take stern action against Malaysia Airports

PETALING JAYA: AirAsia Bhd has no choice but to take stern action against Malaysia Airports Holdings Bhd (MAHB) following the airport operator’s inefficiency which has caused continuous problems for the low-cost airline.

Nation

AirAsia X slams Malaysia Airports

PUTRAJAYA: AirAsia X, the long-haul budget airline subsidiary of Tune Group, has fired one salvo after another at Malaysia Airports Holdings Berhad (MAHB).

Business

KUB Builders win RM268.8mil contract from Malaysia Airports

KUALA LUMPUR: KUB Builders Sdn Bhd has won a RM268.8 million contract from Malaysia Airports Holdings Bhd (MAHB) to develop parts of the new low-cost air terminal or Kuala Lumpur International Airport2 (KLIA2) in Sepang.

Business

Malaysia Airports still in charge of racetrack

Malaysia Airports Holdings Bhd (MAHB) will still oversee the operations of the Sepang International Circuit although the track has been sold to the Ministry of Finance (MoF).

Business

AirAsia's Tony Fernandes clarifies on Malaysia Airports invoice

SEPANG: AirAsia Bhd clarified that the RM7mil outstanding to Malaysia Airports Holdings Bhd (MAHB) as alleged is due to invoices that were wrongly made.

Business

Malaysia Airports Q1 revenue down 24%, earnings up 2% to RM128.7mil

KUALA LUMPUR: Malaysia Airports Holding Bhd’s revenue for the first quarter ended March 31, 2014 fell 24% year-on-year to RM781mil from RM1.027bil, but earnings nevertheless inched up 2.1% to RM128.7mil from RM126mil.

Business

Tenaga powers KLCI but Malaysia Airports skids

KUALA LUMPUR: Late fund buying of power giant Tenaga Nasional enabled the FBM KLCI to close higher despite the heavy selling pressure on Malaysia Airports Holdings Bhd (MAHB) after it posted a surprising net loss in the latest quarter.