KUALA LUMPUR: Malaysia Airports Holdings Bhd 
(MAHB) and Capital A Bhd ‘s shares on Bursa Malaysia were upward this morning following the announcement of the aviation business players’ decision to drop all legal fees against each other.
At 10. 01 am, MAHB’s gives rose by 6 sen to RM6. 34, while Funds A gained one sen to RM64. 5 sen.
In a joint statement yesterday, MAHB controlling director Datuk Iskandar Mizal Mahmood stated there are no longer any legal proceedings or material litigation from MAHB against AirAsia Bhd/ AirAsia X Bhd , operated by Capital A.
He or she added that close up collaboration with all stakeholders within the aviation ecosystem is key in propelling the industry and the country’s growth.
At the same time, Capital A ceo Tan Sri Tony Fernandes said AirAsia and AirAsia X have also withdrawn almost all legal proceedings as the group looks forwards to working together to get a better future.
“As the world recovers from the pandemic plus substantial losses in the aviation sector, specifically, it is integral that stakeholders work together to stimulate the air take a trip revival.
“As two major gamers driving the modern aviation ecosystem, it is now more important than ever that MAHB and our Malaysia-based airlines, AirAsia and AirAsia X, show solidarity in making Malaysia’s aviation industry competing and attractive again, ” he mentioned. – Bernama