So what will happen to the LCCT in KLIA?
Sime Darby gets OK for Labu LCCT plan
KUALA LUMPUR, Jan 5 – Sime Darby Bhd has got government approval to develop the proposed private low-cost carrier terminal (LCCT) project in Labu, Negri Sembilan.
Sime Darby and budget airline AirAsia Bhd had proposed to jointly develop and operate the RM1.6 billion LCCT which will be known as KLIA-East@Labu.
Read more at http://www.themalaysianinsider.com/index.php/malaysia/15291-sime-darby-gets-ok-for-labu-lcct-plan
Malaysia Airports says it has funds to build LCCT in 3 years
KUALA LUMPUR, Jan 5 - With its financial restructuring plan approved two weeks ago, Malaysia Airports is confident it can build a low-cost carrier terminal (LCCT) within the KL International Airport within three years to rival the one proposed by conglomerate Sime Darby and budget airline Air Asia.
The airport operator today said it has the funds to build a permanent LCCT together with a third runway at reasonable cost due to the existing infrastructure, adding "the synergy between the legacy carriers and the low cost carriers under one roof would pave the concept of a 'new generation' airport hub in the region".
The public-listed company has been quiet about its LCCT plans after the government approved a RM1.7 billion low-cost carrier airport called KLIA East@Labu by government-linked conglomerate Sime Darby Berhad and Air Asia. Both companies have been circumspect to call it a terminal although its a brand-new facility to be build on 2,800 ha of Sime Darby land within its Negri Sembilan Vision City.
Read more at http://www.themalaysianinsider.com/index.php/malaysia/15292-malaysia-airports-says-it-has-ifunds-to-build-lcct-in-3-years