KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia Airports Holding Berhad (MAHB), on behalf of the government, has submitted passenger service charge (PSC) payment to Express Rail Link Sdn Bhd (ERL) since 2002 until September 2017, with a total payment of RM741,234,295.
Deputy Transport Minister Datuk Abdul Aziz Kaprawi said since ERL began operations the average number of passengers is 5.4 million annually.
In 2015, there was a 20 per cent increase compared to the previous year's 11.03 million passengers.
"However the hike in ERL fares in 2016 has seen a decline in the number of passengers by 19 per cent, to 8.9 million," he said when replying to a question from Tan Sri Abdul Khalid Ibrahim (Independent-Bandar Tun Razak) on the total amount paid by MAHB to ERL since 2002.
Abdul Aziz said ERL also suffered losses after the tax financial year for six consecutive years from 2009 to 2014.....