CAAM may need RM500m post-merger budget

CAAM may need RM500m post-merger budget

the Sun Daily - Local·2019-12-23 07:49

PETALING JAYA: The Civil Aviation Authority of Malaysia (CAAM) may need a budget of RM500 million a year to be self-sustaining if it were to pay its staff private sector salaries, according to an aviation industry source.

Transport Minister Anthony Loke had earlier said CAAM operates on a RM350 million budget and its revenue is around RM120 million a year.

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