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News about air

Aviation faces risks from the coronavirus, says S&P Global Ratings

Jan 30

KUALA LUMPUR (Jan 30): Airlines face risks from the coronavirus outbreak similar to those that gripped the industry from another rapidly spreading illness in 2003, according to an S&P Global Ratings.

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Coronavirus outbreak: Starbucks closes about 2,000 outlets in China

Jan 29

KUALA LUMPUR (Jan 29): Mega coffee shop chain Starbucks has announced it has closed about half of its almost 4,300 outlets in The People’s Republic of China, reported the BBC today.

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Honda, Toyota recall 6m vehicles around the world over airbag issue

Jan 22

PETALING JAYA (Jan 22): Two different air bag glitches prompted Toyota and Honda to recall over 6 million vehicles around the world, Associated Press reported today.

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British journalist in nasi lemak brouhaha eats the real deal, finds it delicious

Jan 21

KUALA LUMPUR (Jan 21): It all started when British journo Katie Morley complained/tweeted about a horrible Asian meal (which turned out to be nasi lemak) she had on board a British Airways.

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Sarawak Report editor appeals against decision allowing Terengganu Sultanah not to testify in defamation suit

Jan 20

KUALA LUMPUR (Jan 20): Sarawak Report editor Claire Rewcastle-Brown has filed an appeal against the High Court decision last month to allow an application by Terengganu's Sultanah Nur Zahirah not to testify in her defamation suit against Rewcastle-Brown and the publisher on her book about 1Malaysia Development Bhd (1MDB).

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Govt's decision to retain ownership of PLUS a positive for Gamuda: Kenanga Research

Jan 20

KUALA LUMPUR (Jan 20): The cabinet's decision to retain the ownership of PLUS Malaysia Bhd is a positive for Gamuda Bhd, as this will be seen as consistent with the government's previously announced plan to take over the four highways held by Gamuda, said Kenanga Investment Bank Bhd Research.

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Khazanah and PLUS will reveal details of toll restructuring initiative later

Jan 17

KUALA LUMPUR (Jan 17): Khazanah Nasional Bhd, which owns 51% in PLUS Malaysia Bhd, hailed the Cabinet’s decision not to sell the highway concessionaire to the private sector and reducing toll charges by 18% for passenger vehicles on all PLUS highways.

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PMO: No toll hike on PLUS highways until 2058

Jan 17

KUALA LUMPUR (Jan 17): The Prime Minister's Office of Malaysia (PMO) said there will be no toll rate hikes on PLUS Malaysia Bhd's highways as PLUS' concessions will be extended for 20 years from 2038 to 2058.

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IDEAS supports Cabinet decision to not sell PLUS, calls for divestment policy

Jan 16

KUALA LUMPUR (Jan 16): The Institute for Democracy and Economic Affairs (IDEAS) supports the Cabinet's decision to not sell Projek Lebuhraya Utara-Selatan (PLUS) Malaysia Bhd.

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Khazanah: Govt has been engaging with us over PLUS

Jan 15

KUALA LUMPUR (Jan 15): The government has been engaging with PLUS Malaysia Bhd's shareholders over the objective of reducing toll for highway users.

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