KUALA LUMPUR (Nov 2): Malaysia Airports Holdings Bhd (MAHB) is unperturbed by news of low-cost carrier AirAsia Bhd's plan to move its operations to main terminal KLIA by January 2017 and is encouraged by national carrier Malaysia Airlines Bhd's interest to operate in budget terminal klia2. AirAsia's move to the main terminal from klia2 was reportedly said to be due to lower passenger service charges (PSC) that will take effect next year. AirAsia is MAHB's biggest client at klia2, but the airport operator is unperturbed by the airline's move to the main terminal. "KLIA and klia2 are part of the same airport network system, essentially one airport, hence we welcome airlines to utilise either terminal that will suit their business model and operational efficiency," said MAHB in a statement today. Shares in MAHB closed up 10 sen or 1.55% at RM6.56, bringing the market capitalisation to RM10.88 billion.

Source: The Edge Markets November 02, 2016 11:43 UTC