Business

Airport takeovers by private entities not uncommon, MAHB says

Airport operator says regulators’ views should be taken into consideration before arriving at decision

Updated 5 years ago · Published on 06 May 2021 10:31PM

Airport takeovers by private entities not uncommon, MAHB says
The Vibes today reports on the proposed takeover of Subang airport by a private business entity. – Wikipedia pic, May 6, 2021

KUALA LUMPUR – It is not uncommon for the market to submit proposals to the government on developing new airports or taking over existing ones, said Malaysia Airports Holdings Bhd (MAHB).

The airport operator said this in a statement today to provide clarification over a report on the takeover of Sultan Abdul Aziz Shah Airport, more commonly known as Subang airport, by a private business entity.

“This has occurred a number of times in the past, and as part of the process, the government will seek our input on the matter.

“Together with the Malaysia Aviation Group, we have given our preliminary views,” said MAHB, adding that it has not received details on the proposal and no discussions have been held with the government regarding the matter.  

It said the views of regulators, such as the Civil Aviation Authority of Malaysia and Malaysian Aviation Commission, should be taken into consideration before any decision is made. – Bernama, May 6, 2021

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