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KLIA2 - New Mega Low Cost Carriers Terminal

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Flaws delayed klia2

 

Airport operator received 230 non-compliance reports, including cracks in buildings and low ceilings


SEPANG: MALAYSIA Airports Holdings B h d (MAHB) has received a
staggering 230 non compliance reports on the construction of the klia2
here leading to delays in its completion and escalating cost.

The long list of flaws in the project include cracks in the buildings

as well as ceilings that were built too low, requiring them to be torn
down and rebuilt.
:ninja:

Deputy Transport Minister Datuk Abdul Aziz Kaprawi said some of the
reports related to defects and cracks in some parts of the buildings at
klia2.
He estimated that repairs would take at least five months.

“Ceiling height in some buildings were also not in compliance with

safety regulations. The contractors have been told to demolish
everything and start again. This has added to the cost and delayed the
project.”

 

More at : http://www.nst.com.my/top-news/flaws-delayed-klia2-1.318510#ixzz2Z0kHb8Zw

Edited by Mulyadir Fitri

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I wonder why the first picture above has asphalt finish at apron. At least at the gate parking area should be concrete finish (as per 2nd picture above)

 

And asphalt has much shorter life span, meaning it needs to be resurface sooner than concrete pavement. Perhaps it is a result of "cost cutting" ?

 

Nevertheless, the terminal has a lot of natural light :good:

 

 

Is there a new fire station built for the new runway ? Otherwise, would the existing fire station a bit far from the new runway ?

With the new additional runway, is the existing fire station get upgraded as well to at least to be able to handle two (or three ?) emergencies at once ? Is there such requirements ?

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Requirement is for AFRS to reach the scene of an accident within 3 mins. Can bet your bottom dollar, there will be AFRS Station 3 in the vicinity of Runway 3.

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With emergency rescue vehicle speed at average of, say 90km/h, 3 mins = 4.5km. Yes, i think they need a new fire station in the vicinity of the new runway

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Cost of KLIA2 capped at RM4bil

Malaysia Airports Holdings Bhd (MAHB), which posted a marginally higher net profit of RM101.8mil in the second quarter ended June 30, maintains the cost of KLIA2 is capped at RM4bil.

“The cost (of KLIA2) is still below RM4bil. We have announced the opening date and cost (of KLIA2) two weeks ago. We will not be making any statement on KLIA2 from what we have announced previously,” chief financial officerFaizal Mansor said during a briefing to announce its second-quarter financial results.

The construction works at the hybrid terminal is expected to be completed next April and operations will begin on May 2, 2014.

Going forward, Faizal said MAHB was optimistic of achieving its key performance indicator (KPI) for the financial year 2013 which was to make RM751mil in earnings before interest, tax, depreciation and amortisation (EBITDA). In the second quarter, MAHB’s revenue jumped 21.1% to RM978.2mil from RM807.8mil a year ago. Its pre-tax profit fell 6.6% to RM131.9mil from RM141.4mil previously.

MAHB’s aeronautical revenue rose 21.7% in the second quarter, retail sales increased 11.2% and commercial revenue was up by 3.5%. However, its non-airport operations revenue fell 17.9%.

Faizal explained that the lower pre-tax profit was partly due to accounting treatment of its user fee charge.

For the first half ended, its earnings rose 12% to RM227.81mil from RM203.41mil in the previous corresponding period. Revenue rose 36.8% to RM2bil from RM1.46bil.

KLIA’s year-to-date passenger movement grew 15.5% out-pacing some of Asia’s hubs.

“We have seen a nice pickup in demand in the first half. Overall the industry has registered 4.3% year-to-date,” Faizal said, adding that the group was optimistic, buoyed by the strong performance from Malaysia Airlines and AirAsia Bhd as well as new airlines commencing operations at its airports.

Faizal said the group was looking for “a couple” more airlines to operate in Malaysia. “Every year we target at least five airlines and so far this year we have had six airlines flying in.”

The six are Thai Smile, Malindo Air, Air France, Turkish Airlines, Philippine Airlines and Regent Airways. There are also talks that Qantas Airways and British Airways may also return to KLIA.

“It may not happen this year, but we are meeting them regularly to help them justify their comeback to KLIA,” he added.

Faizal noted that next year would be an exciting year as it would open KLIA2, which would also coincide with Visit Malaysia 2014.

“Next year will also be the end of our Runway Success business plan. We hope we will be able to hit RM1bil in EBITDA. We might need to look at a new five-year path,” he said.

Under the business plan, MAHB aims to increase its EBITDA to RM1bil. It also targets revenue to hit RM3bil by 2014, of which RM2bil will be contributed by non-aeronautical while the balance of RM1bil will be from aeronautical.

http://www.thestar.com.my/Business/Business-News/2013/07/24/Cost-of-KLIA2-capped-at-RM4bil-MAHB-optimistic-of-RM751mil-earnings-in-FY13.aspx

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KLIA2 completion 'world's biggest mystery'
Questions remain on the completion of the much-delayed KLIA2 project - even AirAsia Group CEO Tony Fernandes is none the wiser as to when it will be ready.


In fact, he said, construction of the low-cost terminal is one of the "big mysteries of the world".

"Who knows what is going on in KLIA2? It's one of big mysteries of the world. The (completion) date moves every week," he said at the Global Malaysia Series today.

Speaking at the event organised by the government's Performance and Management Delivery Unit (Pemandu), he said the KLIA2 project exemplifies the lack of transparency in Malaysia.

“Someone else is always to blame, and you're either anti-this or that. That needs to end. We need to mature as an economy and a country,” he said.

It was previously reported that the airport is to start operations on May 2 next year, a delay from its initial launch date of June 28 this year.

A media briefing on KLIA2's progress by Deputy Transport Minister Abdul Aziz Kaprawi was supposed to be called late last month, but the event was cancelled without a reason being given.

Asked after the event for more details, however, Fernandes said questions on KLIA2 should be directed to AirAsia Bhd's CEO Aireen Omar.

AirAsia will be the largest airline to use the KLIA2, and the completion delay has reportedly hampered the budget airline's expansion plans.

However, Abdul Aziz has told the Dewan Rakyat that KLIA2 costs doubled from RM2 billion to RM4 billion due to AirAsia's numerous requests.

 

'Malaysians benefit'

To a question from the moderator, Fernandes said his "biggest fear" is that government will have greater involvement in business.

"Government should facilitate business and not be involved in business. It's a major problem, there's a big confusion between supporting private venture and government-linked corporations," he said.

He also addressed criticism against him for moving AirAsia's group headquarters to Jakarta.

Asked if his statement that Indonesia is the centre of Asean could be misconstrued, he said: "It doesn't change the fact that (we) are Malaysian.

"So Indonesia becomes the centre of Asean. Who cares as long as Malaysians benefit from it?"

 

http://www.malaysiakini.com/news/238172

 

 

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Malaysia Airports plans sukuk to fund delayed budget terminal

 

Aug. (15): The operator of Malaysia’s international airport plans to sell 1 billion ringgit ($305 million) of Islamic bonds to finance the CONSTRUCTION of a budget terminal that’s costing more than initial estimates.
Malaysia Airports Holdings Bhd. is considering selling sukuk without a set maturity to ensure its debt doesn’t exceed shareholders’ funds, Chief Financial Officer Faizal Mansor said in an interview from Sepang, about an hour’s drive from the capital Kuala Lumpur. The perpetual notes are treated as equity rather than debt on a company’s balance sheet.
Completion of the terminal is lagging behind the March 2012 deadline after work began in 2010. It has been delayed several times as plans became more ambitious, Aireen Omar, chief executive officer of AIRASIA BHD., the nation’s biggest low-cost carrier, said in an e-mailed statement in June. The building must be ready by April 30, 2014, interim Transport Minister Hishamuddin Hussein told reporters on July 5.
“Originally, the cost for the budget terminal was 3.1 billion ringgit and now it’s estimated at about 4 billion ringgit,” Faizal said.
The sale is part of a 2.5 billion ringgit Islamic bond program, said two people familiar with the matter, who asked not to be named as the information is private. Malaysia Airports hired HSBC Holdings Plc, Citigroup Inc., MALAYAN BANKING BHD. and CIMB Group Holdings Bhd. to arrange the offering, they said.
Sales Falling
The company sold 600 million ringgit of sukuk maturing in 2024 in December at a coupon rate of 4.15 percent. The notes last yielded 4.2 percent, prices from Bursa Malaysia show. Malaysia Airports’ debt totals 3.1 billion ringgit, according to data compiled by Bloomberg.
“Investors may demand a higher yield given current challenging market conditions and some concerns over the project delay,” said Michael Chang, head of fixed income at MCIS Zurich Insurance Bhd. in Kuala Lumpur. “I would only consider buying when I get more details on the repayment profile.”
The debt is rated AAA, the highest investment grade at RAM Rating Services Bhd., the bigger of the country’s two credit assessors.
Sales of Shariah-compliant notes from Malaysian companies dropped 64 percent in 2013 to 21.8 billion ringgit from a year earlier, after reaching an unprecedented 95.8 billion ringgit in 2012, data compiled by Bloomberg show. The Bloomberg-AIBIM Bursa Malaysia Corporate Index, which tracks 57 local-currency sukuk, has increased 1.1 percent in 2013 to 103.44. That’s off a record high of 104.90 reached in June.
Source: The Edge

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it seems so sad that the ' low cost airline ' terminal looks somuch better than the premium carrier terminal, give AK the MTB and premium carriers take KLIA2 :D

 

Another example of people doing things without actually knowing what they are doing.

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Well, people need reasons to consistently giving out contracts (MTB Refurbishment, Satellite B etc) to keep the money rolling.

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it seems so sad that the ' low cost airline ' terminal looks somuch better than the premium carrier terminal, give AK the MTB and premium carriers take KLIA2 :D

But then if we build another 'shack' ala LCCT, many complaints will come in.

 

On the other hand, if we see it this way - doing the terminal right the first time - who knows? maybe Terminal 4 in SIN will copy us.

Also MAHB needs portfolio - and what's better than a nice new airport so other airports around the world will enggage MAHB to do theirs?

Edited by Sharil Abdul Rahman

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But then if we build another 'shack' ala LCCT, many complaints will come in.

 

On the other hand, if we see it this way - doing the terminal right the first time - who knows? maybe Terminal 4 in SIN will copy us.

Also MAHB needs portfolio - and what's better than a nice new airport so other airports around the world will enggage MAHB to do theirs?

SIN copy MAHB???? Hahaha... That's a good one.

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Wonder airport tax at KLIA2 will be same rate as at KLIA ?

If not, then will the rate be the same as agreed to before construction costs doubled ? :)

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Another example of people doing things without actually knowing what they are doing.

We can't expect too much from politicians and civil servants...

 

They are only in it for the money... ;)

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KLIA2 on track, says Ministry of Transport

 

KUALA LUMPUR (Aug 19): The completion of KLIA2 is on track, according to

deputy minister of transport Datuk Abdul Aziz Kaprawi.
The low cost turned hybrid terminal is expected to complete all works by April
30 to enable a May 2 opening next year.
"Overall CONSTRUCTION [] is 92% complete and the main terminal building
is 96% completed with 20 major packages," said Aziz during a press
conference after a site visit.
He added that the cost of building KLIA2 was about RM4 billion and it
commensurates all the features of KLIA2 that is expected to handle a
capacity of up to 45 million passangers.
MALAYSIA AIRPORT HOLDINGS BHD [] (MAHB) CFO, Faisal Mansor clarified
by saying that currently the cconstruction cost is RM3.1 billion, but this is not
the final count.
MAHB KLIA2 project team and the contractors are working together on
finishing the remaining works based on the targeted timeline," said Aziz.
Source: The Edge

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If after shifting the goal post by that much and still not on track someone ought to be shot.

Hired guns are a dime a dozen now...

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