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Kuala Lumpur, Kuala Lumpur, Malaysia

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Malaysia Airports Clarifies On The PSC Suit

SEPANG – Malaysia Airports has stated previously that the PSC suit against AirAsia is now being deliberated in court and that this process should be allowed to take its due course.  The PSC is a statutory rate fixed by the Government and published via the gazette, and it affects the economics of the nation's aviation industry.

It is imperative to establish clarity on the implementation of the gazetted PSC, the roles and responsibilities of the airlines and airports, as well as the rights of the parties involved. These are matters of law that the court needs to decide to put the matters to rest, in order for the aviation industry to operate efficiently and competitively, and in compliance with all international aviation standards and regulations.

It is our normal practice to inform all our shareholders through the Bursa announcement of any material matters such as the PSC suit filed on AirAsia as well as their counterclaims notice. We are continuously engaging with all our key shareholders and will be happy to address EPF's concerns and clarify the matters with them accordingly.

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