KUALA LUMPUR, Jan. 31 -- Budget airline AirAsia Berhad today initiated mediation efforts for its claim from the country's airport operator for close to RM480 million in alleged losses from purportedly poor conditions at the low-cost terminal KLIA2.

In a statement, AirAsia said it served notice today for the commencement of mediation on Malaysia Airports Holdings Berhad's (MAHB) wholly-owned subsidiary Malaysia Airports (Sepang) Sdn Bhd (MASSB).

AirAsia said its losses came up to a total of RM479,781,285, mainly from the loss of business in the past four years that it asserted was due to disruptions and poor conditions at the Kuala Lumpur International Airport 2 (KLIA2) terminal.

In the notice served on MASSB, AirAsia Berhad and its lon...