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News Summary: Malaysia budget airport delayed

News Summary: Construction problems delay Malaysia low-cost airport launch delayed to May

AIRPORT DELAY: The opening of a new airport to accommodate budget carriers has been delayed until next year because of construction setbacks.

NEW SCHEDULE: Contractors, who previously said it would be done this month, set April 2014 as a new completion date. Operations are to start in May.

CLIMBING COSTS: The project cost doubled from an estimate of 2 billion ringgit ($631 million) in 2011, after Malaysia Airports, the country's airports operator, revised the design to increase capacity. AirAsia, Southeast Asia's top budget carrier and the main user of the terminal, has criticized the delays and the higher expense.

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