Mavcom's RAB framework lacks alignment with SPV 2030: AirAsia
8 Nov 2019 12:57:44
AirAsia Group Bhd has claimed that the Malaysian Aviation Commission (Mavcom) does not share the government’s Shared Prosperity Vision (SPV) 2030 to create a more equitable, high-income nation.
AirAsia said Mavcom’s insistence on pushing through certain punitive elements within its new Regulatory Asset Base (RAB) framework had gone against the spirit of SPV 2030 to create wealth and increase the purchasing power of all Malaysians.
AirAsia Group airlines president Bo Lingam said instead of providing more opportunities for all Malaysians and reducing the cost of flying, the RAB championed by Mavcom would keep flying out of reach of many.
“Mavcom has consistently stressed on the equalisation of passenger service charge (PSC) between KLIA and klia2, by virtue of both terminals forming a single Kuala Lumpur International Airport. The one fact that Mavcom, and Malaysia Airports Holdings Bhd (MAHB), have refused to acknowledge and tried to camouflage all along is the vast difference in both appearance and service levels provided at these two terminals.
Read full story: nst.com.my