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FRESH from its recent financial restructuring, Malaysia Airports Holdings Bhd trains its radar on Its other revenue sources, including the commercial development of its retail space and landbank, and its overseas projects.
WHEN Tan Sri Bashir Ahmad Abdul Majid was appointed managing director of Malaysia Airports Holdings Bhd (MAHB) on June 7, 2003, among the first things he did was to determine the exact role of MAHB.
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MALAYSIAN Business talks to Malaysia Airports Holdings Bhd MD, Tan Sri Bashir Ahmad Abdul Majid.
IT was supposed to be his week off, but Tan Sri Bashir Ahmad Abdul Majid was still busy at work. The 61-year-old managing director of Malaysia Airports Holdings Bhd (MAHB) admits that his family is used to him not taking more than two to three days off in a row - such has been his work pattern for years.
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Fresh competition and global economic uncertainties pose more challenges for Malaysian carriers and an airport operator.
THE gales around Malaysian carriers and airport operator will be fiercer than ever. On top of high fuel prices and global economic uncertainties, there is one more big challenge for Malaysia Airlines Bhd (MAS), budget airline AirAsia Bhd and Malaysia Airports Holdings Bhd (MAHB) - the launch of three new Asian airlines.
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Pledges of closer supervision and tougher action by the authorities appear to have gone unfulfilled, as epitomised by several high-profile corporate misdemeanours. When will things change?
THE VERY public, long-running spat between Malaysia Airports Holdings Bhd (MAHB) and AirAsia Bhd does not appear to be abating.
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Airlines may be headed for more than $600 million in weather- related losses as winter storms trigger the most flight cancellations since the government began tracking the data in 1987.
Almost 20,000 flights were scrubbed last week alone as snow blanketed U.S. airports such as Chicago's O'Hare, a hub for United Continental Holdings and American Airlines, according to researchers FlightStats and FlightAware.com. Since Nov. 1, the total is 89,884, the firms' tallies show.
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AS business travel increases, so does the risk. Preparation is key, that is, effectively anticipating and managing it.
MALAYSIANS ARE TRAVELLING more in recent years thanks to affordable air travel and booming low-cost carriers in Asia. Local conglomerates and multinational corporations capitalise on the competitive flying cost, sending their employees to regions where new business opportunities present promising returns. According to Malaysia Airports Holdings Bhd's Annual Report 2009, there were a total of 19.4 million international passenger movements from the KL International Airport, with the Asian sector contributing 77.7% to this travelling trend.
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Newark Liberty International Airport and the other major New York City-area airports reopened Monday. However, hundreds more flights were canceled as airlines struggled to get planes and crews back in position in the aftermath of Hurricane Irene.
United Airlines and Continental Airlines resumed departures at Newark at noon and will be back on their normal schedules today, said Michael Trevino, a spokesman for their parent company, United Continental Holdings Inc.
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MALAYSIA Airports Holdings gets named `Best In the World' by yet another international organisation.
PRETTY GIRLS DO IT, BEEFY men do it, athletes do it, intellectuals do it, and even airlines do it all the time. Malaysia Airports Holdings Bhd (MAHB) has been doing it since it began business in 1998. It is all about being recognised and acclaimed as the best in the world; and this particular Malaysian government- linked company (GLC) has been getting such accolades with clockwork- like regularity, to the nation's credit.
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FINANCIAL RESTRUCTURING AT Malaysia Airports Holdings Bhd (MAHB), on the cards for some four years now, has been snagged by delays. However, MAHB managing director Datuk Seri Bashir Ahmad Abdul Majid is optimistic the group's long overdue restructuring would be finalised by year-end.
`We hope to get it all sorted out by the end of the year. But last year, we had also thought we would have resolved the issue by the end of the year. Well ... fingers crossed,' he tells Malaysian Business.
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MALAYSIA AIRPORTS HOLDINGS Bhd (MAHB) has been working hard to attract airlines to the country. It is also seeking to increase revenue from other sources like retail space and land development. Still, some industry players think that the company can do more in making KL International Airport more attractive vis-a-vis other regional hubs like Thailand and Singapore. Senior Writer Yvonne Chong speaks to its Managing Director Tan Sri Bashir Ahmad Abdul Majid on some of these concerns and his plans for the airport operator.
In `Other Thots', A Kadir Jasin writes on the growing confidence in the leadership of the Barisan Nasional (BN) and government and whether the ruling coalition can recapture the states it lost in the last general election.