CIMB Equities Research estimates AirAsia will have to pay slightly more than RM130mil per annum on a full-year basis as a result of the higher air navigation facility charges (ANFC).
It said on Thursday this works out to about 10%-12% of its FY1718 group core net profit forecasts.
“However, the true impact on AirAsia would likely be less than this, depending on whether the airline industry is able to reduce, postpone, or lobby for the additional charges to be scrapped,” it said.
StarBiz reported that Malaysia’s Department of Civil Aviation (DCA) will raise various fees charged to airlines by substantial amounts.
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It said on Thursday this works out to about 10%-12% of its FY1718 group core net profit forecasts.
“However, the true impact on AirAsia would likely be less than this, depending on whether the airline industry is able to reduce, postpone, or lobby for the additional charges to be scrapped,” it said.
StarBiz reported that Malaysia’s Department of Civil Aviation (DCA) will raise various fees charged to airlines by substantial amounts.
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