AirAsia will not take part in Airport REIT

  KUALA LUMPUR (Nov 13): AirAsia Group Bhd will not invest in the proposed airport real estate investment trust (Airport REIT) as the low-cost carrier does not want to lose focus on its airline business, said chief executive officer (CEO) Tan Sri Tony Fernandes.

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‘Don’t design airport based on a single airline’s demands’

KUALA LUMPUR (Sept 18): The need for more low-cost carrier terminals (LCCTs) (pictured) in the country, which has been the subject of much debate for several years, heated up after former Penang chief minister Lim Guan Eng was reported in the press last month as saying that the federal government was in talks with AirAsia Group Bhd and Malaysia Airports Holdings Bhd (MAHB) to build an LCCT in Penang.

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AirAsia, MAS cancel Osaka flights after Typhoon Jebi hits city

PETALING JAYA (Sept 5): Malaysia Airlines (MAS) and AirAsia have suspended flights to and from Osaka, Japan as Typhoon Jebi – the strongest one to have hit the country in 25 years – left a trail of destruction that included nine deaths and a slew of damaged buildings, including flooding and other damages at the Kansai International Airport.

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LCCT still on the cards for Penang

GEORGE TOWN (August 7): Former chief minister Tan Sri Dr Koh Tsu Koon gave approval for AirAsia to build the LCCT on a 36ha piece of land at the coastal end of Penang International Airport in Bayan Lepas, said an inside source from AirAsia quoted by The Star.

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AirAsia proposes low-cost terminal in Penang

PETALING JAYA (August 1): AirAsia Group proposed development of a low-cost carrier terminal (LCCT) at Penang International Airport, a move that group chief executive officer Tan Sri Tony Fernandes estimates will bring in about eight million passengers per year, to Penang.

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