Malaysia’s MYAirline has suspended all its flights starting from October 12.
Established in January 2021 and commencing operations in December 2022, MYAirline owns Airbus A320 aircraft and operates flights to destinations like Kuching, Kota Kinabalu, and Langkawi. In June, it launched its first international service to Bangkok. According to its website, the airline employs around 700 people.
According to a statement, the airline will halt operations until the completion of a capital restructuring process with its shareholders. The board of directors stated, “We deeply regret and apologize for having to make this decision. To avoid this situation, we have explored various partnerships and capital-raising options and have made relentless efforts. Unfortunately, due to time constraints, we were forced to make this decision.”
The Malaysian Aviation Commission (MAVCOM) has set up a dedicated hotline to assist passengers affected by the suspension. MYAirline has been instructed to address the concerns of affected customers.
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This article was generated using automatic translation by GPT-4 API. The translation may not be accurate.
