Mavcom: Malaysia’s aviation industry losing out due to single airport operator system | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

Mavcom: Malaysia’s aviation industry losing out due to single airport operator system

01 May 2019

“Meanwhile, Dubai’s aviation sector is based on its role as a transit hub, which relies on connectivity and its airports’ interlining capabilities rather than domestic demand,” he said. However, the prickly point here is that the current single operator system, which means that there is no competition, making the sector lull and unattractive, he said.

Recently, Malaysia Airports Holdings Bhd received approval for a 35-year extension on operating agreements until February 11, 2069. The extension means replacing the airport operator’s previous two OAs signed on February 12, 2009, with four new OAs ― for the Kuala Lumpur International Airport, Sarawak airports, Sabah airports, and designated airports in Peninsular Malaysia.

The new OAs, which are scheduled to be finalised in June, are expected to provide some space for MAHB in planning investment for the airport, whereas under the previous OAs, the capital expenditure for expansion was borne by the government. “We need to optimise the spending as we currently invest a lot on land transport, especially rail in Peninsular Malaysia. We can optimise the spending by improving the connectivity.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Actually there are quite a few airports in the country which are not run by MAB. Wool over the eyes is it?

Yes. And lousy airports. Should offer air Asia to run one of the smaller airports just to c how they do it. Couldn’t b any worse.

Hish, KLIA is already corrupted with foreign baggage handlers and security guards. Now, want to privatise airports to profit-motivated entities from quasi-govt MAHB? With EVERY privatisation comes with price hikes and eventual lay offs.

anthonyloke guanenglim tonypua limkitsiang Yes!Yes!Yes! You and DAP have betrayed the Rakyat by extending MAHB's monopoly contract for whole of Msia by 35 years to 2069. Instead of promotong fair competition you have enabled Umnoputras to thrive! cc weechookeong

Dia mai dah. Cfm ada proposal masuk ni. Jadi lah mcm tv radio teclo toll operator lepas ni. Dah bole baca game dia orang ni. Hahaha.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gobind: Malaysia Innovation Policy Council to drive growth of tech industry | Malay MailKUALA LUMPUR, April 25 — The Malaysia Innovation Policy Council (MIPC) established three months ago will serve as the platform for the private sector to propose digital tech initiatives, that come with policy and regulatory challenges that hinder innovation and digital economic growth for the...
Source: malaymail - 🏆 1. / 86 Read more »

Malaysia can help reduce aviation industry carbon footprint with palm oil biofuel, says Teresa Kok | Malay MailKUALA LUMPUR, April 27 — Primary Industries Minister Teresa Kok said the ministry is planning to produce biofuel using palm oil for the aviation industry, in a bid to boost palm oil sales and to reduce carbon emissions. In a special media interview on Thursday, Kok said the move fulfils... Apabila menteri sepet terminum lebih minyak kelapa sawit.....
Source: malaymail - 🏆 1. / 86 Read more »

Minister: Tourism industry can drive Asean economy, investment | Malay MailPUTRAJAYA, April 27 ― The Asean tourism industry has a vital role in helping this region to develop the economy and drive investment, says Tourism, Arts and Culture Minister Datuk Mohamaddin Ketapi. He said the Asean tourism industry, featuring some of the fastest growing destinations in the... you're kidding right ? taliban and hang tuah cosplayers running around making trouble about their rights and a Travel Advisory downgrade, ppl are scared to visit 'islamic' countries. Budak kecik pun tau Can't be the added special incentives exit tax? Did MKetapi do commerce while in Secondary school to understand discounts attracts customers not taxes. Don't assume tourist r lining up desperately to visit. mariamAdmrlGen pakatanharapan_ anthonyloke chedetofficial AzminAli
Source: malaymail - 🏆 1. / 86 Read more »

Grab opportunities in US$7t global halal industry, entrepreneurs urged | Malay MailMELAKA, April 28 — Local entrepreneurs should aim for at least five per cent of the global halal product market, estimated to be worth US$7 trillion, said Entrepreneur Development Minister Datuk Seri Mohd Redzuan Yusof. He said if this could be done, local entrepreneurs would be able to seize...
Source: malaymail - 🏆 1. / 86 Read more »

Universities, industry players to join forces for IR 4.0 | Malay MailGEORGE TOWN, April 29 — The joint forces of the brains in the universities and the capacity and capabilities of key industries will make a change for a better world through the Fourth Industrial Revolution (IR 4.0), said Universiti Sains Malaysia (USM) vice-chancellor Prof Dr Asma Ismail. One of...
Source: malaymail - 🏆 1. / 86 Read more »

Minister: FT Ministry will look into Labuan industry players’ grouses | Malay MailLABUAN, April 30 ― Federal Territories Minister Khalid Abdul Samad says his ministry would look into the various issues plaguing industry players on the island. Khalid said the issues under the ministry’s purview and jurisdiction would be resolved in stages in the interest of Labuan’s...
Source: malaymail - 🏆 1. / 86 Read more »

Perak manufacturing industry urged to adopt green technology | Malay MailLUMUT, April 30 (Bernama) — Perak manufacturers are urged to develop more products using green technology which is more economical and environmentally friendly, said Perak Investment and Corridor Development Committee chairman Datuk Seri Mohammad Nizar Jamaluddin. He said the use of green...
Source: malaymail - 🏆 1. / 86 Read more »