Why Liow & MAHB encouraged AirAsia to owe RM50 million PSC/Airport Tax?

 

YB Datuk Liow Tiong Lai, the MCA Minisiter of Traqnsport
YB Datuk Seri Liow Tiong Lai, the MCA Minister of Transport. He is encouraging AirAsia to owe PSC/Airport Tax debt of more than RM50 million by not taking the necessary actions.

 

Reliable sources have confirmed that AirAsia owed Passengers Service Charge (PSC) (formerly known as ‘Airport Tax’) of more than RM50 million to Malaysia Airport Holding Bhd (MAHB).

Continue reading “Why Liow & MAHB encouraged AirAsia to owe RM50 million PSC/Airport Tax?”

AirAsia Claimed “Verbal Application” Made For QZ8501

The wreckage of unauthorised AirAsia flight 8501.
The wreckage of the unauthorised AirAsia flight QZ 8501.  162 innocent lives have been killed!

Updates on 14-1-2015: Jakarta Post – I admitted that administrative negligence occurred when requesting the change in flight schedule, as the verbal information failed to reach the ministry,” Sunu Widyatnoko said. Sunu Widyatnoko is the director of AirAsia.  For full Jakarta Post report HERE.   

 

On 13-1-2015 it has been reported in Antara News that AirAsia had finally admitted during the hearing before the Members of the Commission V of the Indonesian House of Representatives that AirAsia was only allowed to fly four days a week on Monday, Tuesday, Thursday and Saturday.  

Continue reading “AirAsia Claimed “Verbal Application” Made For QZ8501″

“Now Everyone Can Buy AirAsia X shares 10 times above its par value of RM0.15”

The happy "family". Left to right: Datuk Nasir Razak, the CEO of CIMB, Datuk Kamarudin Meranun of AA X, Tan Sri Rafidah chairman of AAX, En Azran Rani of AAX and Tan Sri Tony Fernandez of AAX
The “happy family” laughing all the way to the … . From left: Datuk Seri Nazir Razak, the CEO of CIMB Bank, Datuk Kamarudin Meranun of AA X, Tan Sri Rafidah chairman of AAX, En Azran Osman-Rani of AAX and Tan Sri Tony Fernandes of AAX

At long last AirAsia X Bhd will finally be listed in Bursa Kuala Lumpur very soon. On 10-6-2013 AirAsia X Bhd has made an official announcement of its Initial Public Offering (IPO) of up to 790,123,500 ordinary shares of RM0.15 in the main Board of Bursa Kuala Lumpur (BSKL).  The retail price of the IPO is RM1.45, which is almost 10 times above its par value. Based on its retail price it would appear that AirAsia X Bhd is a rock solid company with big “dreams” otherwise its IPO price would not have been fixed at RM1.45! Continue reading ““Now Everyone Can Buy AirAsia X shares 10 times above its par value of RM0.15””

AirAsia & AirAsia X have not handed over unclaimed airport taxes to MAHB

Say No
There was a campaign by AirAsia against the increase of airport tax, which is a revenue to the Government to maintain and upgrade our airports.

All airport authorities through out the world have imposed airport tax. AirAsia (AA) was the only airline with the ability to owe airport tax and other charges to the tune of over RM132 million. When yours truly brought up the issue in Parliament a few years ago, AA finally settled it with a discount of RM25 million as “incentive” by the then Minister of Transport, in HERE. Continue reading “AirAsia & AirAsia X have not handed over unclaimed airport taxes to MAHB”

MAHB should ignore “Low Cost Mentality”!

YB Tan Sri Rafidah Aziz, the chairman of AirAsia X Sdn Bhd. By the way, has AirAsiaX/AirAsia refunded all the airport taxes collected from the un-traveled passengers totalling more than RM6 million?

“Timeliness and a concrete black and white commitment on fixed airport charges in the new low-cost carrier terminal is needed to cool down the ongoing tension between AirAsia Chief Tan Sri Tony Fernandes and Malaysia Airports Holdings Bhd (MAHB), says Tan Sri Rafidah Aziz. Continue reading “MAHB should ignore “Low Cost Mentality”!”