Urgent need for sustainable funding model for airports, says MAHB

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The Covid-19 outbreak and resultant travel restrictions and bans have had a negative impact on the travel industry.PETALING JAYA: Malaysia’s main airport operator says the Covid-19 pandemic, which is crippling the aviation industry, has underlined the importance of sustainable funding models for airports. Malaysia Airports Holdings Bhd group CEO Mohd Shukrie Mohd Salleh told FMT the unprecedented travel restrictions and bans had also affected them. This, he said, was why MAHB had implemented a group-wide optimisation plan to meet its financial and operational obligations so as to be able to exit the Covid-19 period on a stronger footing. Mohd Shukrie said although things remained uncertain, with the optimisation plan MAHB would be able to continue with critical investments already in the pipelines such as the replacement of the baggage handling system at KLIA and the Aerotrain tr…