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MALAYSIA AIRPORT
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- Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
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- Businessman spent 57 days in jail over aamchur & garam masala in airport luggage. Here’s what went horribly wrongA businessman was wrongly jailed for 57 days after airport security mistook aamchur and garam masala for narcotics. The Madhya Pradesh High...
- From medical tourism to casinos, oil shock hits Southeast AsiaCompanies across aviation, retail, and manufacturing are implementing price hikes and cost-cutting measures. Disruptions to supply chains a...
- Russia's WWII victory celebrations muted this year as Ukraine war weighs on PutinTensions are high as Russia prepares for Victory Day celebrations amid the ongoing war in Ukraine. A unilateral ceasefire quickly collapsed...
- Budget airlines first to cut flights as jet fuel prices soarRyanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a result of the Middle ...
- From Paris to Phuket: The new logic guiding Indian summer travelIndian summer travel plans are shifting. Due to Middle East tensions and rising airfares, long-haul trips to Europe and the US are being re...
- US and allied forces kick off combat drills with Philippines despite Washington's focus on IranThe United States and the Philippines have begun a major joint military exercise. This annual event, called Balikatan, involves over 17,000...
- Autograph Collection Hotels by Marriott International debuts in IndiaMarriott International sees strong growth in India with many new hotel deals. The company is launching its Autograph Collection brand in In...
- Asian airlines trim schedules and carry extra fuel as supplies tightenAsian airlines are reducing flights and adding refuelling stops due to Middle East conflict-driven jet fuel shortages, impacting import-dep...
- Malaysia Airports says global passenger processing system experiencing temporary disruptionsMalaysia Airports is facing temporary disruptions as a global passenger processing system is causing issues with check-in and boarding. Air...
- Malaysia Airports cancels agreement To exit Hyderabad airportIt didn't elaborate. Senior executives at GMR couldn't be reached.
- Malaysia Airports eyes GVK co stakeGVK, like its peer GMR, has oscillated between private share placement and an IPO for the airports holding company in recent years.
- GMR buys out Malaysian firm's stake in Hyderabad airport for 484 crMalaysia Airports Holding's 11 per cent stake, involving the acquisition of shares worth Rs 4.15 crore, was bought by GMR Airports.
- Malaysia Airports, GMR plan funds for expansionWhile the size of Malaysia Airports’ investment fund would be around $1.5 billion, GMR is yet to announce the size of its fund.
- GMR to buy additional 10% stake in Delhi airport for $79 millionMalaysia Airports (Mauritius) is a subsidiary of MAHB. Post the proposed acquisition, GMR Infrastructure's stake would rise to 64 per cent.
- GMR inks pact to sell entire 40% stake in Istanbul Airport JV for Rs 2,500 croreMalaysia Airports Holdings owns 20% in the Istanbul Airport while Limak Holdings has 40% stake. Both hold rights of refusal over GMR’s hold...
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