MAHB checkmates AirAsia X


Back against the wall: MAHB will potentially lose RM254mil in revenue a year, on a proforma basis assuming the hypothetical closure of AAX at the beginning of 2019. — Reuters

THE love-hate relationship between Malaysia Airports Holdings Bhd (MAHB) and AirAsia Group Bhd along with entities linked to the latter is no secret to those who watch the aviation industry closely.

The two, together with AirAsia’s long-haul arm AirAsia X Bhd (AAX), work on a symbiotic relationship, or so it seems.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

MAHB , Malaysia Airports , AirAsia , lawsuit ,

   

Next In Business News

Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
Singapore playing roulette with casino licensing
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Capitalising on future trade tariffs
Bidding big on Malaysian art
Inflation rises slightly in October
Shedding light on power sector prospects

Others Also Read