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Unions urge MAHB to remove WCT Holdings as business partner following Subang Airport re-concession bid | Malaysia


Monday, 10 May 2021 09:36 AM MYT
BY JERRY CHOONG
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KUALA LUMPUR, May 10 Unions with the Malaysia Airports Holdings Berhad (MAHB) in Peninsular Malaysia, Sarawak, Sabah and Labuan have urged the operator to remove WCT Holdings Berhad as its business partner following a re-concession bid for the Subang Airport.
The
Malaysian Reserve reported a letter dated to May 6 and addressed to MAHB chairman Datuk Seri Zambry Abdul Kadir, where the unions argued that due to the rapid development of Subang Airport, its operational income has been fairly distributed among the 39 airports run by MAHB around the country. ....

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Prospects remain bright for business aviation in Malaysia even as commercial sector languishes


MALAYSIA has made big strides over the past few years to become a thriving business aviation destination, and today, it finds itself in an enviable position, handling the most number of business jets in Southeast Asia. In Asia-Pacific, Malaysia has the fifth largest business aircraft fleet, behind China, Australia, India and Hong Kong.
And prospects remain bright. According to market research firm MarketsandMarkets Research Pvt Ltd, the global business jet market is projected to grow from US$18.8 billion (RM77.3 billion) in 2020 to US$38 billion by 2030 at a compound annual growth rate of 7.3% during the forecast period, with Asia-Pacific remaining one of the world’s largest markets. ....

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