MAHB, Capital A drop legal proceedings against each other

2022-08-26 5 views 0

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SEPANG: Malaysia Airports Holdings Bhd (MAHB), its subsidiary, Malaysia Airports (Sepang) Sdn Bhd and Capital A Bhd (formerly known as AirAsia Group Bhd) have dropped the legal proceedings between all parties.

In a joint statement, MAHB managing director Datuk Iskandar Mizal Mahmood confirmed that all parties are dropping proceedings.

He said there are no longer any legal proceedings or material litigation from MAHB against AirAsia Bhd/AirAsia X Bhd (AAX).

“We believe that close collaboration with all stakeholders within the aviation ecosystem is key in propelling us towards growth for both the industry and the country.

“We are committed towards working together for the mutual benefit and success of all the aviation stakeholders i.e. airlines, airports, passengers, and the industry,” Iskandar said.

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Meanwhile, Capital A CEO Tan Sri Tony Fernandes said AirAsia and AAX have also withdrawn all legal proceedings as they look forward to working together for a better future.

“As the world recovers from the pandemic, and substantial losses in the aviation sector in particular, it is integral that all stakeholders work together to stimulate the air travel revival.

“As two major players driving the aviation ecosystem, it is more important than ever that MAHB and our Malaysian-based airlines AirAsia and AAX, show solidarity in making Malaysia’s aviation industry competitive and attractive again,” he said.

He added that the group was thrilled to have found common ground to reach an amicable outcome on the resolution of any outstanding matters with MAHB, through supportive and constructive dialogue in the spirit of the partnership.

“We thank MAHB for their support to make air travel out of our main hub in klia2 not only affordable for many millions of passengers each year but also with a mutual commitment to work with us on improved services to build a better tourism industry in Malaysia for the future, which is a win-win for us all,” Fernandes said.


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