Latest news with #LIFT
Borneo Post
3 days ago
- Business
- Borneo Post
Labuan-KK ferry resumes operations, first trip at full capacity
Passengers boarding the ferry express to Kota Kinabalu from Labuan International Ferry Terminal jetty on Wednesday. The resumption of the Labuan-Kota Kinabalu-Labuan express ferry service has sparked renewed excitement among travellers, marking the return of a vital transportation link between Labuan and the Sabah mainland.-Bernama photo LABUAN (May 28): The Labuan-Kota Kinabalu-Labuan express ferry service officially resumed operations Wednesday, restoring a crucial transport link between Labuan and the Sabah mainland after a suspension of more than three years due to the Covid-19 pandemic. The Labuan-based Kinabalu Express, at full capacity, departed the Labuan International Ferry Terminal (LIFT), which is managed by LDA Holdings, at 10 am, with the return trip from Kota Kinabalu scheduled for May 29 at 8 am. The vessel, operated by Double Power, can accommodate 212 passengers, offering 146 economy and 66 business class seats. Daily trips will continue from May 28 to June 3 to coincide with the Harvest Festival and school holidays. From June 4 onwards, the ferry will operate every Friday, Saturday, and Sunday, with possible adjustments based on demand. A promotional fare campaign is being introduced from today until Aug 3 in conjunction with the Borneo Flora Festival (BFF), aimed at encouraging ridership. During this period, Malaysian adults can purchase economy tickets at RM35 and children at RM22.50, while first-class fares are RM45 and RM27.50, respectively. Foreign passengers will be charged RM80 (adults) and RM45 (children) for economy, and RM90 and RM50 for first class. Standard fares will apply starting June 4, with slight increases across categories. Tickets are available online at and can also be purchased at the Labuan International Ferry Terminal and Jesselton Point ticketing counters in Kota Kinabalu. Prior to the pandemic, the route served up to 120,000 passengers annually. LIFT chief executive officer Noor Halim Zaini, when met here Wednesday, expressed hope that the ferry's return will spur regional tourism and help revitalise Labuan's local economy. – Bernama
The Sun
4 days ago
- Business
- The Sun
Labuan-KK ferry resumes operations, first trip at full capacity
LABUAN: The Labuan-Kota Kinabalu-Labuan express ferry service officially resumed operations today, restoring a crucial transport link between Labuan and the Sabah mainland after a suspension of more than three years due to the COVID-19 pandemic. The Labuan-based Kinabalu Express, at full capacity, departed the Labuan International Ferry Terminal (LIFT), which is managed by LDA Holdings, at 10 am, with the return trip from Kota Kinabalu scheduled for May 29 at 8 am. The vessel, operated by Double Power, can accommodate 212 passengers, offering 146 economy and 66 business class seats. Daily trips will continue from May 28 to June 3 to coincide with the Harvest Festival and school holidays. From June 4 onwards, the ferry will operate every Friday, Saturday, and Sunday, with possible adjustments based on demand. A promotional fare campaign is being introduced from today until Aug 3 in conjunction with the Borneo Flora Festival (BFF), aimed at encouraging ridership. During this period, Malaysian adults can purchase economy tickets at RM35 and children at RM22.50, while first-class fares are RM45 and RM27.50, respectively. Foreign passengers will be charged RM80 (adults) and RM45 (children) for economy, and RM90 and RM50 for first class. Standard fares will apply starting June 4, with slight increases across categories. Tickets are available online at and can also be purchased at the Labuan International Ferry Terminal and Jesselton Point ticketing counters in Kota Kinabalu. Prior to the pandemic, the route served up to 120,000 passengers annually. LIFT chief executive officer Noor Halim Zaini, when met here today, expressed hope that the ferry's return will spur regional tourism and help revitalise Labuan's local economy.
The Sun
4 days ago
- Business
- The Sun
Labuan-KK ferry restarts after 3-year suspension
LABUAN: The Labuan-Kota Kinabalu-Labuan express ferry service officially resumed operations today, restoring a crucial transport link between Labuan and the Sabah mainland after a suspension of more than three years due to the COVID-19 pandemic. The Labuan-based Kinabalu Express, at full capacity, departed the Labuan International Ferry Terminal (LIFT), which is managed by LDA Holdings, at 10 am, with the return trip from Kota Kinabalu scheduled for May 29 at 8 am. The vessel, operated by Double Power, can accommodate 212 passengers, offering 146 economy and 66 business class seats. Daily trips will continue from May 28 to June 3 to coincide with the Harvest Festival and school holidays. From June 4 onwards, the ferry will operate every Friday, Saturday, and Sunday, with possible adjustments based on demand. A promotional fare campaign is being introduced from today until Aug 3 in conjunction with the Borneo Flora Festival (BFF), aimed at encouraging ridership. During this period, Malaysian adults can purchase economy tickets at RM35 and children at RM22.50, while first-class fares are RM45 and RM27.50, respectively. Foreign passengers will be charged RM80 (adults) and RM45 (children) for economy, and RM90 and RM50 for first class. Standard fares will apply starting June 4, with slight increases across categories. Tickets are available online at and can also be purchased at the Labuan International Ferry Terminal and Jesselton Point ticketing counters in Kota Kinabalu. Prior to the pandemic, the route served up to 120,000 passengers annually. LIFT chief executive officer Noor Halim Zaini, when met here today, expressed hope that the ferry's return will spur regional tourism and help revitalise Labuan's local economy.
Yahoo
15-05-2025
- Business
- Yahoo
TORONTO PEARSON ANNOUNCES DEBBIE SIMPSON AS CHIEF FINANCIAL OFFICER
TORONTO, May 15, 2025 /CNW/ - Deborah Flint, President and Chief Executive Officer of the Greater Toronto Airports Authority ("GTAA"), announced today that Debbie Simpson officially assumes the role of Chief Financial Officer ("CFO"). Ms. Debbie Simpson joined the GTAA as Interim CFO in November 2024, with a focus on enhancing Toronto Pearson's strategic goals and capital projects. With 35 years of experience in complex financial management and now serving as CFO, Ms. Simpson will play a key role in shaping our financial strategy and financing capabilities, with a focus on enabling Toronto Pearson to deliver its 10-year Strategic Plan. Before joining GTAA, Ms. Simpson played a key role in leading strategic and transformational investments at Li-Cycle, where she established a funding strategy and roadmap, built the Finance function, and developed a governance framework for the newly established public company. She also served as CFO of Maple Leaf Foods, where she executed several major acquisitions and dispositions, supported a shift in strategy and transformation for the company, established capital allocation principles, and secured more than $2 billion in funding to support financial resiliency. "Debbie's financial leadership experience, which spans large commercial enterprises and complex transactions, has positioned her to make strong contributions to our organization," said Deborah Flint, President and CEO. "Debbie is an excellent complement to the executive team and will further strengthen our financial planning and management and lead the execution of our 10-year strategy, inclusive of our LIFT program," added Ms. Flint. Ms. Simpson was educated in the UK, earning a Bachelor's degree in Business and a Master's degree from the University of Stirling. She is also a Certified Public Accountant (CPA) with the Institute of Chartered Accountants of Scotland, where she trained with EY. About Toronto Pearson The Greater Toronto Airports Authority is the operator of Toronto Pearson International Airport, Canada's largest airport and a vital connector of people, businesses, and goods. Toronto Pearson has been named "Best Large Airport in North America serving more than 40 million passengers" seven times in the last eight years by Airports Council International, the global trade representative of the world's airports. Toronto Pearson was also recognized in 2025 as one of "Canada's Best Employers" by Forbes. For our corporate X channel, please visit @PearsonComms. For operational updates and passenger information, please visit @TorontoPearson/@AeroportPearson on X. You can also follow us on Facebook or Instagram SOURCE Toronto Pearson View original content to download multimedia: Sign in to access your portfolio
Cision Canada
15-05-2025
- Business
- Cision Canada
TORONTO PEARSON ANNOUNCES DEBBIE SIMPSON AS CHIEF FINANCIAL OFFICER
TORONTO, May 15, 2025 /CNW/ - Deborah Flint, President and Chief Executive Officer of the Greater Toronto Airports Authority ("GTAA"), announced today that Debbie Simpson officially assumes the role of Chief Financial Officer ("CFO"). Ms. Debbie Simpson joined the GTAA as Interim CFO in November 2024, with a focus on enhancing Toronto Pearson's strategic goals and capital projects. With 35 years of experience in complex financial management and now serving as CFO, Ms. Simpson will play a key role in shaping our financial strategy and financing capabilities, with a focus on enabling Toronto Pearson to deliver its 10-year Strategic Plan. Before joining GTAA, Ms. Simpson played a key role in leading strategic and transformational investments at Li-Cycle, where she established a funding strategy and roadmap, built the Finance function, and developed a governance framework for the newly established public company. She also served as CFO of Maple Leaf Foods, where she executed several major acquisitions and dispositions, supported a shift in strategy and transformation for the company, established capital allocation principles, and secured more than $2 billion in funding to support financial resiliency. "Debbie's financial leadership experience, which spans large commercial enterprises and complex transactions, has positioned her to make strong contributions to our organization," said Deborah Flint, President and CEO. "Debbie is an excellent complement to the executive team and will further strengthen our financial planning and management and lead the execution of our 10-year strategy, inclusive of our LIFT program," added Ms. Flint. Ms. Simpson was educated in the UK, earning a Bachelor's degree in Business and a Master's degree from the University of Stirling. She is also a Certified Public Accountant (CPA) with the Institute of Chartered Accountants of Scotland, where she trained with EY. About Toronto Pearson The Greater Toronto Airports Authority is the operator of Toronto Pearson International Airport, Canada's largest airport and a vital connector of people, businesses, and goods. Toronto Pearson has been named "Best Large Airport in North America serving more than 40 million passengers" seven times in the last eight years by Airports Council International, the global trade representative of the world's airports. Toronto Pearson was also recognized in 2025 as one of "Canada's Best Employers" by Forbes. For our corporate X channel, please visit @PearsonComms. For operational updates and passenger information, please visit @TorontoPearson/@AeroportPearson on X. You can also follow us on Facebook or Instagram
