AirAsia up after co says to 'continue' engaging Malaysia Airports on klia2

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KUALA LUMPUR (June 23): AirAsia Bhd rose as much as two sen or 0.8% after the budget airline indicated it would "continue" to engage Malaysia Airports Holdings Bhd on Kuala Lumpur International Airport 2's (klia2) ponding and check-in system.

Shares of AirAsia rose to their highest so far today at RM2.66. At 10:27am, AirAsia shares were traded unchanged at RM2.64 for a market capitalisation of RM7.34 billion.

The sixth most-active stock on Bursa Malaysia saw some 12 million shares transacted.

Last Tuesday (June 21), AirAsia chief executive officer Aireen Omar said at a press conference on klia2 that "we will continue to engage and work with them (Malaysia Airports) relating to these issues."