BATU GAJAH: A company that was supposed to invest in MYAirline Sdn Bhd has pulled out from the deal, says Anthony Loke. The Transport Minister said the ministry received a letter from the company on Wednesday (Feb 28) stating that they would not be continuing with their intention of investing in the airline and that they...
PETALING JAYA: Inaccuracies and misinformation in news reports about MYAirline has the potential to undermine efforts for its revival, says the beleaguered airline. The airline said such reports could hamper their efforts especially as they are currently engaged in advanced discussions with potential investors. "Out of the ten aircraft previously under MYAirline's management, it has been confirmed...
KUALA LUMPUR: The latest suspect arrested in the MYAirline case has been remanded for five days until Friday (Oct 27). "The suspect was arrested at his home in Bangsar early Monday (Oct 23)," said Bukit Aman Commercial Crime Investigation Department (CCID) director Comm Datuk Seri Ramli Mohamed Yoosuf. He said the man, in his 40s, was taken...
PETALING JAYA: Even before the launch of the now-grounded carrier MYAirline, companies linked to its co-founder were mired in controversies, many involving financial discrepancies. Just two months before the low-cost airline started operations in January this year, a company owned by Datuk Allan Goh Hwan Hua and his wife Datin Neow Ean Lee was reprimanded by...
KUALA LUMPUR: The license of low-cost carrier MYAirline Sdn Bhd will be suspended temporarily, says Transport Minister Anthony Loke. The Civil Aviation Authority of Malaysia (CAAM) is expected to announce the matter later on Monday (Oct 16), he said. "The company still exists, it is suspending operations while looking for investors. "It's a commercial issue but from the...
KUALA LUMPUR: Low-cost carrier MYAirline has announced it will suspend its operations from Oct 12, 2023, until further notice due to "significant financial pressures" pending a shareholder restructuring and recapitalisation of the airline. "We have worked tirelessly to explore various partnership and capital raising options to prevent this suspension. "Unfortunately, the constraints of time have left us...
One of the industries that have suffered a lot from the pandemic other than small local businesses is the tourism industry; which encompasses not only hotels and tourists spots, but also airlines. Even big industries like the airlines are still struggling to recover from the devastating impact brought upon them. In order to cope with this,...
