Tuesday, August 17, 2010

MAS eyes RM100m in revenue from Kota Kinabalu International Airport

Malaysia Airlines (MAS) expects between RM60 million and RM100 million in annual revenue contribution from the move to make the Kota Kinabalu International Airport a second hub.

Its managing director and chief executive officer Tengku Datuk Azmil Zahruddin said the geographical location of Kota Kinabalu made it a natural gateway to Borneo for traffic from China, Taiwan, North Asia, Indonesia and Autralia.

“There is room for growth. The airport is capable of handling 12 million passengers annually,” he told reporters announcing the airline’s second-quarter financial results here yesterday.

He said that new routes will be added from the Kota Kinabalu International Airport in order to match capacity and demand for better economics.

Tengku Azmil said there will be more opportunities to increase yield as Malaysia Airlines started to receive new planes.

The airline has ordered up to 55 B737-800s and 25 A330-300s, with a total of three B737-800s to be received in 2010, comprising one each in October, November and December.

“We have also completed our discussions with Airbus and will be taking the six A380s. The first will be delivered in April 2012,” he said.

Tengku Azmil said MASkargo will also increase its fleet size from five to seven by September to cope with the surge in air freight demand.

Continue reading at: MAS eyes RM100m in revenue from Kota Kinabalu International Airport

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