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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Malaysia plans new budget airline terminal by 2011 AFP - Saturday, March 14 KUALA LUMPUR, (AFP) - - Malaysia's capital will have a new 542-million-dollar budget airline terminal by 2011, replacing the existing facility which is bursting at the seams, authorities said Friday. ADVERTISEMENT The current low-cost carrier terminal which opened in 2006 with annual capacity for just 10 million passengers has become overcrowded, and lacks rail links with the city or the main airport which is 10 minutes away by car. Malaysia Airports Holdings CEO Bashir Ahmad said the new facility will be located next to the Kuala Lumpur International Airport (KLIA) and will be able to handle 30 million passengers annually. "The new low-cost terminal and a third runway will cost (up to) 2.0 billion ringgit (542 million dollars) and we believe we can do it for less," he told a press conference, adding it would be completed by the third quarter of 2011. He said that the express rail link which runs from Kuala Lumpur will be extended from KLIA to the new facility. "The terminal will be more comfortable and there will be more space for passengers, immigration facilities for foreign workers, and even a car park for 6,000 vehicles," Bashir said. "There is also space for expansion with another terminal for about 25 million passengers that could be built in the future." The budget terminal's main tenant AirAsia earlier this year unveiled plans to shift to its own airport in a neighbouring state, as frustrations rose over its shabby and overcrowded terminal. However, the government last month vetoed the plan, saying that AirAsia's partner in the project, Malaysian conglomerate Sime Darby, had refused to contribute 800 million ringgit in construction costs. The existing low-cost terminal was completed in just nine months, as Malaysia vied with neighbouring Singapore to see which country would be first to open its budget terminal. However, AirAsia's business boomed unexpectedly fast as it secured more international rights than had been anticipated, and was handed many domestic routes by Malaysia Airlines during an overhaul of the national carrier. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business US STOCKS SNAPSHOT-Consumer sentiment, Citi boost S&P, DowReuters - 1 hour 50 minutes ago India cbank extends convertible bonds buy-back dateReuters - 1 hour 50 minutes ago Bankruptcy possibility looms for Six FlagsAP - 1 hour 23 minutes ago India corp bond yields steady on cbank auction moveReuters - 1 hour 55 minutes ago U.S. consumers' mood edges up in MarchReuters - 1 hour 56 minutes ago Enlarge Photo Malaysia plans new budget airline terminal by 2011 Most Popular – Business Viewed For sale: nagging wife, very high maintenance VW reveals race to overtake GM, Toyota Space junk sparks crew scare on ISS Chimp used planning skills to attack humans Global airlines warn of stormy 2009 View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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