Malaysia Airlines (MAS) received RM329 million in compensation from Airbus following the delay in delivering the A380 aircraft, the Dewan Rakyat was told yesterday.
MAS’ first A380 aircraft was supposed to have been delivered in 2007.
Deputy Transport Minister Jelaing Mersat said after several delays, Airbus informed the airlines that the aircraft would be delivered in August 2011 but that too had run into a delay. The aircraft would now be delivered in April 2012, he said.
“Malaysia Airlines received a one-off payment of RM329 million,” he said in reply to Hee Loy Sian (Petaling Jaya Selatan-PKR) who wanted to know when the first A380 would be delivered to MAS and whether compensation was paid following the delay.
To Hee’s supplementary question on the upgrading works at the KL International Airport to accommodate the superjumbo, Jelaing said it involved a cost of RM115.5 million. — Bernama
The Most Essential Lesson for all Investors - Koon Yew Yin
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*The Most Essential Lesson for all Investors - Koon Yew Yin *
*Author: Koon Yew Yin | Publish date: Sat, 21 Nov 2015, 11:02 AM *
Many of my close friends an...
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