Govt aims to empower CAAM through merger

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Govt aims to empower CAAM through merger thesundaily Loke MOT Aviation Airline Mavcom CAAM Merger JOMTEKSI

The move to merge the Malaysian Aviation Commission and the Civil Aviation Authority of Malaysia is to empower the latter as well as to strengthen CAAM’s financial position, said Transport Minister Anthony Loke Siew FookHe said CAAM’s financial capability was one of the factors which led to the United States’ Federal Aviation Administration’s decision to downgrade Malaysia’s air safety rating from Category 1 to Category 2.

“When we do this merger, we want to make sure we empower them financially, to give CAAM more power in terms of setting the fees. In the long run, they can hire and pay at a better rate,” he told the media after the launch of #JOMTEKSI here today.

 

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