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PETALING JAYA: The coronavirus (Covid-19) pandemic has put the three major local airlines into cash crunch as they are unable to generate enough money with ticket sales drying up. They have resorted to grounding aircraft, meaning they are unable to earn any ancillary income.
KUALA LUMPUR (Bernama): The High Court here has dismissed a suit filed by lawyer R. Kengadharan against the Finance Minister and the government to challenge the imposition of the departure levy on Malaysians travelling overseas.
PETALING JAYA: Businesses are appealing to the government to help reduce their operating costs, including temporarily suspending fees, ahead of a stimulus package to mitigate the impact of the Covid-19 outbreak on the economy.
KUALA LUMPUR: The year saw the country’s aviation sector square up to a string of challenges such as overcapacity in the region, rising cost, air-safety rating downgrade, airport system malfunction coupled with slower economic growth and volatile foreign exchange rate.
PETALING JAYA: Datuk Seri Dr Wee Ka Siong has questioned claims by DAP secretary-general Lim Guan Eng that Pakatan Harapan has fulfilled 60% of the promises in its election manifesto.
PETALING JAYA: Analysts are positive on the earnings growth potential of Malaysia Airports Holdings Bhd (MAHB), given its rising passenger volume.
KUALA LUMPUR: Revenues from the departure levy can be used to promote local tourism products by the private sector for Visit Malaysia Year 2020 (VMY2020), says Tourism, Arts and Culture Minister Datuk Mohammadin Ketapi.
The Budget with its theme,"Driving growth and equitable outcomes towards shared prosperity," is the second for Pakatan Harapan since the coalition won power.
PETALING JAYA: Airlines and passengers using the KL International Airport (KLIA) are losing out to other Malaysian airports, with the reduction of Passenger Service Charge (PSC) rates, says the International Air Transport Association (IATA).PETALING JAYA: Airlines and passengers using the KL International Airport (KLIA) are losing out to other Malaysian airports, with the reduction of Passenger Service Charge (PSC) rates, says International Air Transport Association (IATA).