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PETALING JAYA: Malaysia Airports Holdings Bhd’s (MAHB) share price fell 4% to RM7.26 on news of CEO Raja Azmi Raja Nazuddin departing his role on Monday.
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.
KUALA LUMPUR: The country’s air passenger traffic is expected to grow by 5% to 6%t next year, driven by Visit Malaysia 2020 and a 3.2% year-on-year (y-o-y) increase in domestic seat capacity growth, according to the Malaysian Aviation Commission (Mavcom).
KUALA LUMPUR: The Malaysian Aviation Commission (MavCom) forecasts passenger traffic in 2020 to grow between 5% and 6% next year or to between 114.9 million and 116.0 million passengers.
Do you know that if you travel by air in Malaysia and encounter problems, there is an agency that will protect your rights?
KUALA LUMPUR: Investors should take the opportunity to accumulate shares in Malaysia Airports Holdings Bhd given its current low valuation, says RHB research.
From ASHVIN KHORANA of Victoria, Australia.
PETALING JAYA: AirAsia’s reduced passenger service charge (PSC) of RM50 starts today at KLIA2 and other international airports in Malaysia.
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).
PUTRAJAYA: The Passenger Service Charge (PSC) for non-Asean international flights out of all airports except KL International Airport (KLIA) has been reduced from RM73 to RM50.