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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.

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.

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.

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.

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.

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.

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.

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.

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.

Strong demand for air travel results in MAHB profit jumping 20% in Q1

SEPANG: Malaysia Airports Holdings Bhd (MAHB) recorded a 20% jump in net profit to RM88mil for the first quarter ended March 31, led by strong demand for air travel.