|Some of the finest jobs in the aviation sector are at Mavcom, some may say ...|
Puchong, Sept 11: Set up to regulate economic and commercial matters relating to civil aviation, Mavcom is doing a fine job. Literally!
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Of course, Mavcom doesn't just punish and penalise its golden geese. It also has to ensure airlines like Air Asia and AAX collect RM1 in regulatory service charge from every passenger that departs the country's airports (KLIA, KLIA2 and Senai, the only airport not under the MAHB). The RSC is meant solely for Mavcom to finance its day-to-day operations (read the FAQ about Mavcom to know what else it does other than fine and charge RSC).
How the "fine" money is spent, I'm not sure. But here's the thing: for non-compliance, Mavcom can impose financial penalties "not more than 5 per cent of a corporate firm's annual turnover for the preceding financial year."' MAHB (RM4.85 billion revenues in 2018) can, therefore, count itself lucky for getting away with only RM1.18 million in fine this time.
Air Asia and AAX were not as lucky. They were each slapped the maximum RM200k for their respective first-time violations.
Perhaps Tony Fernandes should start praising the Mavcom people sky-high instead of saying it as it is ...
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