Business

MAHB calls for tender of 226 commercial lots as air traffic improves

Mission-critical commercial reset initiative to continue despite pandemic’s impact, says managing director

Updated 4 years ago · Published on 14 Dec 2021 6:19PM

MAHB calls for tender of 226 commercial lots as air traffic improves
Malaysia Airports Holdings Bhd says that pre-Covid-19, the non-aeronautical segment made up about half of the group’s total revenue. – Bernama pic, December 14, 2021

KUALA LUMPUR – Malaysia Airports Holdings Bhd (MAHB) is calling for an open tender exercise for 226 commercial lots following the recent improvement in air traffic movements as a result of the easing of air travel restrictions.

In a statement today, it said airports nationwide have a total of 808 commercial outlets currently, whereby about 70% were tendered out previously and a majority of this had been awarded.

“In executing the group’s commercial reset initiative, this last leg of the tender for 226 commercial lots is the concluding phase to attract both local and global players to participate in offering new brands at airports nationwide,” it said.

Managing director Datuk Iskandar Mizal Mahmood said the commercial reset initiative was identified as mission critical, and its implementation had been continued despite the pandemic’s impact on the group's financial performance.

“We wanted to ensure that we are ready to welcome the return of passengers with exciting new retail offerings and experience, and hence welcome the participation of both local and global brands to help realise our commercial reset objectives,” he said.

“Pre-Covid-19, the non-aeronautical segment made up about half of the group’s total revenue. In 2019, 47% of total revenue was contributed by this segment, which includes commercial and retail businesses,” he added.

According to MAHB, Langkawi International Airport is an example of a successful commercial reset as the airport now boasts the island’s first Burger King, Ya Kun Kaya Toast, and Costa Coffee outlets.

“Meanwhile, in Kuala Lumpur International Airport, Din by Din Tai Fung also opened its first outlet in an airport,” it said. 

Interested bidders can visit https://vms.malaysiaairports.com.my for more information on the tender briefing dates. – Bernama, December 14, 2021

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