Sunday, June 6, 2010

MAB TO CLOSE SERVICE COUNTERS AT KLIA


Malaysia Airports Berhad is to close all service counters at KLIA soon. However MATTA has taken up the offer to become the master tenant of these counters and sublet them to members at a much lower rate.

The Star online June 4 reported that Dato M K Harun, President of MATTA confirmed this at a press conference.

It is not immediately known as to the fate of the Malaysia Association of Hotels (MAH) and the Car Rental Association of Malaysia (CRAM)whose members are the main tenants at these counters.

This augurs well for the industry as MATTA is financially strong and would be the most able to understand the needs of the industry. However MATTA is not free to do what they like and the rental rates would not likely to be reduced by MAB. This has been the trend for the last many years. Many retailers especially the Bumiputeras have closed shop in favour of ERAMAN, a wholly own subsidiary of MAB.

To be in KLIA you have to be big and dig very deep into your pockets. MAB do not have a CSR policy neither do they understand what DEB is all about. What they think about is money, money, money and more money to pay for their losses at SIC F1 Circuit and the huge outstanding debt of Air Asia.

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