MAHB: AirAsia benefited from RM376mil of various incentives – Business News



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KUALA LUMPUR: Malaysia Airports Bhd Holdings (MAHB) said that the AirAsia group had benefited up to RM376mil from its various incentive programs until the end of 2017.

"While AirAsia, the Malaysian government and the MAHB have both played a crucial role in fully supporting low-cost travel for the benefit of all Malaysians

not only underscores our commitment and support for low cost travel, but even more our belief that this will bring us to the next level of growth in demand for air transport, "said the airport operator in a statement

. provided not only the necessary infrastructure, but also incentive programs to AirAsia since 2002.

Incentives included the Early Childhood Support Program (2002-2007) and the Enhanced Incentive Program (2007-2007). -2009), which were exclusively offered to AirAsi.

Subsequently, the MAHB implemented three other incentive programs such as the airline takeover plan to help airlines recover from the global financial crisis between 2009 and 2011. [19659002] "Until 2017, the AirAsia group The MAHB said that low-cost travel accounted respectively for 25% and 50% of total trips to Asia and Malaysia, and that low-cost travel accounted for 25% respectively. and 50% of total trips to Asia and Malaysia, these percentages were to increase.

"The AirAsia Group, as the country's leading low-cost tour operator, experienced a compound annual growth rate of 11.6% over the past decade, "he noted.In the terminal development, the company said that it not only took into consideration the significant evolution of the carrier business model to low price, but also responded "Any new airport infrastructure must be sustainable in design and capacity to adapt to the changing variants of airline business models so that it can meet the needs of the next generation." decade. "

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Last year, AirAsia refuted MAHB's assertion that it would have received special treatment or tailored incentives from the operator of the airport – Bernama [1965]. 9014] [ad_2]
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