Nov 7, 2023 · Grounded Malaysian carrier MYAirline says that just six of its 10 Airbus A320 aircraft have been de-registered, denying local reports that all the jets have been returned to lessors. Oct 27, 2023 · PETALING JAYA: Investigations into MYAirline over its abrupt suspension of services on Oct 12, which left thousands of passengers stranded at airports across the country, have intensified, says Oct 12, 2023 · In a statement early this morning, MYAirline Sdn Bhd said it has come to this ‘extremely painful decision’ because of financial pressures that have made it necessary to suspend operations pending the shareholder restructuring and recapitalisation of the airline. Nov 25, 2022 · Bookings can be made via MYAirline’s website at www. Email*. Oct 10, 2023 · KUCHING (Oct 10): Sources close to the Sarawak government have dismissed a rumour about the state potentially taking over MYAirline. Questions linger on who will step in and rescue MYAirline after a potential investor decided against buying its shares from businessman Oct 12, 2023 · MAVCOM urges affected consumers to contact the airline or the Commission . Hendry. 9 billion in cash refunds last year, an increase over $7. Oct 16, 2023 · MyAirline abruptly suspended operations on Oct 12, citing financial issues, with Loke previously saying that the airline had not notified his ministry or the Mavcom about its decision. A regulator halted departures for Oct 23, 2023 · As MYAirline co-founder’s remand ends today, cops nab another man in Bangsar for ongoing money laundering probe Bukit Aman Commercial Crimes Investigation Department director Datuk Seri Ramli Mohamed Yoosuf said the latest arrest was made at the suspect’s home in Bangsar here earlier this morning. “We were let down by the 11th-hour pull out by this investor. Goh Hwan Hu, along with his wife Neow Ean Lee, and son Goh Tze Han, were taken into custody on October 18 using provisions in Malaysia's Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds Nov 22, 2022 · Low-cost carrier, MYAirline, has received the green light to start operating in December. Oct 11, 2023 · KUALA LUMPUR: Transport minister Loke Siew Fook has advised local budget airline MYAirline, which is allegedly facing financial difficulties, to meet the Malaysian Aviation Commission (Mavcom) to Oct 23, 2023 · We would like to show you a description here but the site won’t allow us. This came after Bebas News published a report titled ‘Sarawak Oct 30, 2023 · The rise and fall of MyAirline: A chronology. Malaysian media are reporting that a Middle East-based investor has agreed to recapitalise and relaunch the insolvent MYAirline (MYM, Kuala Lumpur Subang ). 3:56 PM MYT. S. Oct 14, 2023 · In May this year, Trillion Cove was involved in a money laundering case where Malaysia Automotive Robotics and IoT Institute (MARii) former CEO Datuk Mohamad Madani Sahari was charged with 12 counts of money laundering totaling RM1. MYAirline Interim Accountable Executive Dato Sri Azharuddin said, “On Jan 17, 2022 · New Ultra-Low-Cost Carrier MYAirline Poised To Enter Malaysian Market. The news came just two weeks after the country's newest low-cost carrier Oct 12, 2023 · Low-cost carrier MYAirline Sdn Bhd was seen as a promising airline, filling the void left by incumbent players which were forced to quickly shrink, cut routes and ground hundreds of planes during the Covid-19 pandemic. Every story from every site is brought to you automatically and continuously 24/7, within around 10 minutes of publication. Malaysian newcomer MYAirline has announced its first international destination. World 8h ago Nov 3, 2023 · MYAirline is in turn tied to a scandal-ridden company called i-Serve Online Mall that was involved in soliciting deposits illegally from ordinary Malaysians and foreigners residing in the country. American Airlines submits application to U. Oct 16, 2023 · In addition, MYAirline also acknowledged its communication shortcomings with both the Malaysian Aviation Commission (Mavcom) and the Civil Aviation Authority of Malaysia (CAAM), specifically for failure to engage with authorities and passengers in a timelier manner before deciding to temporarily suspend its operations. Mavcom, in a statement today said, it instructed MYAirline to discontinue the sale and booking of its flights from all booking platforms until Oct 18, 2023 · MYAirline’s suspension came days after news broke that Teo had resigned as CEO, citing health reasons. In the U. Feb 29, 2024 · Thursday, 29 Feb 2024. Malaysia's new low-cost carrier MYAirline will expand its domestic network by adding new routes to Tawau and Miri. KUALA LUMPUR -- Malaysian low-cost airline MYAirline said it has suspended operations from Thursday over financial issues, less than a Oct 12, 2023 · Early this morning (12 October), MYArline released a statement on its social media platforms stating that effective today they have suspended all their operations due to significant financial pressures. Oct 5, 2022 · KUALA LUMPUR: New airline start-up, MYAirline Sdn Bhd, will carry its business model as a low-cost carrier (LCC) as per its application to the Malaysian Aviation Commission (MAVCOM) back in Jun 28, 2024 · KUALA LUMPUR, June 28 — MYAirline Sdn Bhd co-founder Datuk Allan Goh Hwan Hua is being sued again, but from a different set of plaintiffs. Check our News Releases portal for the most current information. Oct 10, 2023 · Aviation. my) Monday, October 30th, 2023 at News. By Tony Timmons Nov 6, 2023. According to New Straits Times, the first MYAirline Oct 12, 2023 · STR/MOHD ADAM ARININ. The trusted source for breaking travel Jan 12, 2024 · Troubled MYAirline is said to have finalised a sale and purchase agreement (SPA) with an undisclosed investor from the Middle East. Nov 2, 2023 · “Most of MYAirline transactions are in the US currency, including aircraft lease payments and fuel, which increased from US$113 per barrel to US$131 per barrel,” said Loke. Nov 6, 2023 · The troubled local airline, MYAirline, has no passenger planes left in its fleet after all 10 of its Airbus A320s were returned to its lessors. Without citing the name of the investor, sources hoped MYAirline could now work towards resuming operations by the middle of this year. May 14, 2022 · What do we know about MYAirline so far? It has already been revealed that MYAirline is one of two new ultra-low-cost carriers approved by the Malaysian Aviation Commission for an air service license in late 2021. Following the announcement, all MYAirline flights for both domestic and international destinations have been cancelled. A statement issued today said they are handling a high volume of requests and will establish a hotline to assist customers. Twice As Nice: British Airways Is Awarding Double Avios On Flights To The US. Department of Transportation to serve San Antonio International Airport from Washington Reagan National; Avianca to restore Chicago O'Hare - Bogotá service; Alaska Airlines expands winter travel options with 18 new sun and ski routes Companies Commission of Malaysia (SSM) data shows that Zillion Wealth Bhd has an 88% stake in MYAirline and Trillion Cove Holdings Bhd has 10% equity interest, while Teo owns the remaining 2% of the airline’s shares. Oct 12, 2023 · Nation. my from Nov 26-30, 2022, while the travel period for this deal is from Dec 1, 2022 to March 25, 2023. “MYAirline regrettably announces the suspension of its operations effective 12 October 2023 until further notice. KUALA LUMPUR: MYAirline Sdn Bhd is currently left with no aircraft as all 10 of its Airbus A320s were returned to its lessors, just shy of one month after it abruptly suspended flight operations on Oct 12. By Bilqis Bahari - November 5, 2023 @ 4:16pm. According to New Straits Times, five of the A320s are in the process of being deregistered from the Civil Oct 16, 2023 · We would like to show you a description here but the site won’t allow us. The airline, which is the second low-cost carrier (LCC) in Malaysia, received its air service licence (ASL) from Malaysian Aviation Commission (MAVCOM) ON 15 November, which allows it to take on commercial flights and start selling air tickets. Rayner Teo, Chief Executive Officer of MYAirline, celebrated the low-cost carrier's progress by saying: "We received our AOC last week Oct 12, 2023 · “The Commission stands firm that MYAirline is still liable to refund consumers who have purchased tickets but are unable to travel. The Transport Minister said the ministry 1 day ago · CrowdStrike outage sparks global chaos with airline, bank and other disruptions. About a month after formally suspending operations, the embroiled Malaysian airline MYAirline is still trying to find ways to resume flight operations. myairline. 2 billion in 2022, the group said. 5 billion in 2019 but slightly down from $11. Starting with three Airbus A320s in December 2022, it had outlined ambitious plans to grow its fleet to more than 50 planes in five years. Tuesday, 10 Oct 2023. Discussions going on in the most active Aviation Forum online! Updated Global IT Outage affecting airlines worldwide. 1 day ago · Air travel is experiencing disruptions across the globe on Friday morning due to a Microsoft outage for customers of its 365 apps, including many major airlines. KUALA LUMPUR: MYAirline has received an extension of its air operator certificate (AOC) by the Civil Aviation Authority of Malaysia (CAAM), which will allow it to 3 days ago · Skift’s morning newsletter delivers breaking news, features, and exclusive analysis from around the world straight to your inbox, six days a week. By Kang Siew Li / theedgemalaysia. In an internal email sighted by FMT, the airline said it Jan 12, 2024 · KUALA LUMPUR, Jan 12 ― MYAirline Sdn Bhd has secured and signed a sale and purchase agreement (SPA) in late December 2023 with an investor from the Middle East, sources said. Passengers left stranded, shocked as MY airline shuts operations Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content Oct 12, 2023 · MYAirline’s affected passengers are required to attach a copy of their MYAirline tickets and make the booking through mya@batikair. , more than 1,300 Oct 3, 2022 · With its AOC settled, MYAirline is next preparing to obtain its full Air Service License from the Malaysian Aviation Commission. Business Times learnt that the lessors had filed to deregister five of 1 day ago · A significant Microsoft outage brought low-cost carrier Frontier Airlines and some competitors to a standstill for hours after a regulator halted departures. KUALA LUMPUR: Several airlines have offered their assistance to passengers of MYAirline who were left in the lurch following the suspension of its . Goh holds the shares through two private companies, Zillion Wealth Bhd and Trillion Cove Holdings Bhd. At the same time, AirAsia is offering a 50% discount on base fares for affected MyAirline customers. 2023-11-07T03:48:00Z By Greg Waldron. The aviation regulator today Oct 19, 2023 · KUALA LUMPUR -- Malaysian police have arrested the founder of MYAirline, after the low-cost carrier suspended operations earlier this month due to financial problems. Oct 12, 2023 · Low-cost carrier MYAirline has announced a suspension of its operations effective today, 12 October, until further notice. Malaysian police have arrested the co-founder and majority shareholder of MYAirline (MYM, Kuala Lumpur Subang ), along with his wife and adult son. The airline had received the conditional approval of its air service licence on December 22, 2021, when Muhyiddin was no longer the prime minister, he said in a statement on his Dec 12, 2023 · THE Malaysian Aviation Commission (Mavcom) was aware that MYAirline Sdn Bhd was talking to a potential investor and that it had some overdue salaries to pay, but the aviation industry regulator was completely caught off-guard when news of the budget carrier’s sudden suspension was announced. Updated. July 11, 2024. The public will get to enjoy a new ultra-low-cost carrier (ULCC) soon, according to a report by The Edge. Malaysia Airlines' parent Malaysia Aviation Group (MAG) said it is open to work with MYAirline to re-allocate passengers on its flights between Twice As Nice: British Airways Is Awarding Double Avios On Flights To The US. Grounded Malaysian carrier MYAirline says that just six of its 10 Airbus A320 aircraft have been Nov 26, 2022 · In terms of payment, MYAirline accepts credit/debit cards, online banking as well as Grab and Zapp eWallet. KUALA LUMPUR, 12 October 2023 – Following MYAirline’s announcement regarding the suspension of its operations effective 12 October 2023 until further notice, the Malaysian Aviation Commission (“MAVCOM” or “Commission”) has put in place dedicated hotlines and channels to assist consumers affected by this Oct 18, 2023 · Wednesday, 18 Oct 2023 3:19 PM MYT. Fauci, the nation’s top infectious disease expert KUALA LUMPUR: MYAirline Sdn Bhd's future has been thrown into limbo as the cash-strapped carrier suspends operation after a potential white knight pulled out of a deal to buy a majority stake at the 11th hour. 110 Posts • 8,790 Views • Last post 58 minutes ago. May 2, 2024 · Last Friday, Azharuddin said that MYAirline was still in talks with several interested investors and hoped to conclude an agreement soon. Published. 038 mil at the Alor Setar Sessions Court in Kedah. Exciting News from MYAirline! 🛫 We are thrilled to announce that MYAirline has been granted a 2-year extension to our Air Operator Certificate (AOC) by the Civil Aviation Authority of Malaysia 7 hours ago · 1,000+ US flights canceled Saturday: United, Delta still working to recover from outage. Oct 23, 2023 · MYAirline co-founder Goh, 57, as well as his 55-year-old wife, and 26-year-old son were detained by CCID at about 5. MYAirline has recently received its full air service licence (ASL) from the Malaysian Aviation Commission (MAVCOM). Apr 24, 2024 · The 11 largest U. Oct 14, 2023 · Troubled low-cost carrier MYAirline has issued an update on its current suspension and has vowed to process refunds for its affected passengers. The cancellation of the airline’s 40 flights stranded thousands of passengers. Chief operating officer Stuart Cross took over as the interim CEO on Oct 8, but he too stepped down after just eight days in charge. May 10, 2023 · From July 1st, the Malaysian low-cost carrier will fly from Kuala Lumpur to both of Bangkok's international airports. Less than a month after suspending operations, Malaysia-based MYAirline is still working to secure investors to resume flight operations. “Mavcom has instructed MYAirline to immediately manage affected consumers which include amongst others, notifying them of the suspension, publishing the said notification in the airline’s available communication channels,” it said in a statement after the Oct 26, 2023 · The controversy around MYAirline is the latest bungle in Malaysia’s troubled aviation sector that is struggling with five operators in a relatively small domestic market. Oct 13, 2023 · Lim Guan Eng said that the reckless actions of MYAirline's management and stakeholders should be met with severe consequences. 14 Oct 2023, 12:06 pm. KUALA LUMPUR: Malaysia Airlines Bhd, AirAsia Group and Batik Air Malaysia Sdn Bhd have extended a helping hand to MYAirline Sdn Bhd's passengers affected by flights suspension. KUALA LUMPUR: Recently suspended MYAirline Sdn Bhd is not resting on its laurels and hopes to fly out of turbulence by seeking out potential investors. Oct 16, 2023, 06:47 PM. The life support initially offered to the carrier that is bleeding losses would have help sustain its sky May 24, 2023 · News Grounded MYAirline says four A320s remain with carrier. May 9, 2023 · A source said that MYAirline would begin with one flight daily on its Airbus A320 aircraft, before it is increased to twice daily or more. 30pm on Oct 17 at their residence in Shah Alam. Once received, the low-cost carrier will be fully certified for take-off. Nov 6, 2023 · Business Times named MYAirline eight lessors as SMBC Aviation Capital, AerCap Holdings NV, Avolon, Carlyle Aviation Partners, Genesis, and Aircastle Ltd. World Airline News World Airline News Top Stories. NewsNow aims to be the world's most accurate and comprehensive aggregator of airlines news, covering the latest airliners, global airlines and more from the best online news publications. “The first action item Nov 4, 2023 · Saturday, 04 Nov 2023. His wife, Neow Ean Lee, and 18 entities connected to him will go to KUALA LUMPUR: The Malaysian Aviation Commission (Mavcom) holds MYAirline Sdn Bhd accountable for refunds to travellers affected by the carrier's suspension of flight operations starting today (Oct 12). Passengers can earn up to 18 Avios per £1 and fly on one of the oneworld Alliance carrier's iconic Airbus A380 superjumbos to six cities in the US. NSTP/MOHD FADLI HAMZAH. 4:49 PM MYT. This action followed the abrupt suspension of the airline's flight operations on 12 October. Oct 12, 2023 · MYAirline has suspended its operations effective today due to financial difficulties. RSS Feed. However, in February, the potential Middle Eastern investor had reportedly decided not Oct 12, 2023 · 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. July 08, 2024. KUALA LUMPUR: MYAirline Sdn Bhd's saga has hit a twist as a potential new investor is believed to have pulled out of the deal to buy a controlling stake at the 11th hour. my. The airline aimed to have a total of 20 aircraft by the end of 2022 and had plans to increase the fleet to 26 aircraft by the end of 2023 (Pic source: myairline. Thursday, 12 Oct 2023. Airlines news - updated 24/7/365. We provide news, data, analytics and advisory services to connect the aviation Oct 18, 2023 · Goh Hwan Hua is MYAirline’s majority shareholder through his private firms Zillion Wealth and Trillion Cove Holdings, which have stakes of 88% and 10%, respectively, in the low-cost carrier. Corporate. Legal proceedings against the founder of MYAirline (MYM, Kuala Lumpur Subang) and four other entities dating from mid-2022 have come to light in the wake of MYAirline's collapse earlier this month. Oct 16, 2023 Oct 12, 2023 · MYAirline is owned by Malaysian entrepreneur Goh Hwan Hua, who holds a 98 per cent majority share through two private companies, Zillion Wealth (88 per cent) and Trillion Cove Holdings (10 per KUALA LUMPUR: MYAirline Sdn Bhd's interim chief executive officer Stuart Cross has resigned, while the airline is expected to return the nine Airbus A320s that make up the airline's fleet, deepening the troubled airline's woes. Allan Goh Hwan Hua, along with i-Serve Online Mall Sdn Bhd (ISOM), Bright Moon Venture PLT (BMV), QA Smart Partnership FlightGlobal is the global aviation community’s primary source of news, data, insight, knowledge and expertise. By Jonathan E. A321XLR receives final certification (Europe) 15 Posts • 2,419 Views • Last post 1 hour ago. The airline’s abrupt fall from grace has raised questions about key regulators’ roles and Dec 17, 2022 · Published Dec 17, 2022. While AirAsia's recovery has been slow, "a weak gorilla is still a gorilla," as aviation analyst Brendan Sobie rightly said. In a statement this morning, the airline said it has made the painful decision due to significant financial pressures, and its suspension is pending shareholder restructuring and recapitalisation of the airline. As stated, the airline will be servicing both of Bangkok's international airports, and depart from Kuala Lumpur International Airport (KLIA) Terminal 2. Related News. Oct 12, 2023 · KUALA LUMPUR, Malaysia (AP) — Malaysian budget carrier MYAirline abruptly suspended operations Thursday, citing financial pressures less than 11 months after it took to the skies. KUALA LUMPUR: After the MYAirline fiasco, its co-founder is now being investigated over the loss of RM81mil in an investment scheme linked to him. The Bernama report, citing sources, said MYAirline had signed a sale and purchase agreement with a new investor in late December 2023. Currently, the airline is being run by its interim accountable executive Datuk Seri Azharuddin Abdul Rahman. Today, it said they were blindsided by the last-minute pull-out from an investor which left them in limbo. Department of Transportation to serve San Antonio International Airport from Washington Reagan National. It currently has three Airbus A320-200 in its fleet with a single class 180 economy seat configuration. By Andrew Curran 16Jan2024. Get bite-sized news Oct 13, 2023 · All over social media and at airports, irate passengers were demanding that MYAirline take responsibility for their losses. — Bernama pic Join us on our WhatsApp Channel , follow us on Instagram , and receive browser alerts for the latest news you need to know. By Andrew Curran 24Oct2023. Grounded Malaysian carrier MYAirline says that just six of its 10 Airbus A320 aircraft have been Oct 14, 2023 · We have received multiple interests, director of troubled MYAirline says. January 17, 2022. The new airline has a paid up capital of RM2 million. A global IT outage on Friday is still wreaking havoc on air travel, causing widespread flight cancellations Oct 16, 2023 · In a statement last Thursday, MYAirline announced the suspension of its operations due to significant financial pressures. On Oct 12, the low-cost start Nov 6, 2023 · MYAirline is currently receiving a high volume of inquiries and aims to refund affected passengers once the recapitalization package is received from investors. Over 2,500 flights were canceled and more than 8,000 were delayed in the U. If you have an upcoming MYAirline flight, you are advised not to go to the airport today and to seek for alternative flight arrangements. com. From June 28th, the airline will fly daily from its hub at Kuala Lumpur International Airport (KUL) to Bangkok Suvarnabhumi International Airport Oct 12, 2023 · PETALING JAYA: Troubled carrier MYAirline Sdn Bhd has suspended operations effective immediately due to “severe financial challenges”. Stay current - Follow FMT on WhatsApp, Google news and Oct 13, 2023 · Malaysian budget carrier MYAirline abruptly suspended operations on Thursday, citing financial pressures less than 11 months after it took to the skies. Both Zillion Wealth and Trillion Cove, a money lending and financing company, name Datuk Goh Hwan Hua as a director. by Fernando Fong. Bernama reported today, 12 January, that the low-cost carrier had signed and secured the agreement in late December last year, citing unnamed sources. Oct 12, 2023 · We would like to show you a description here but the site won’t allow us. American Airlines Group announces webcast of second-quarter 2024 financial results. Anthony S. Madani has pleaded not guilty to all of the charges. The police have opened a Nov 7, 2023 · 6:41 PM MYT. Oct 12, 2023 · NORMAN GOH, Nikkei staff writer October 12, 2023 12:39 JST. Analysis. Both companies own 88 per cent and 10 per cent of shares in MYAirline respectively. There are 213 people who invested around RM70 million in entities supposedly connected to Goh, news portal The Edge reported yesterday. "We are diligently evaluating the proposals. Malaysia’s new budget airline MYAirline boosts its domestic presence by adding two new routes to Tawau and Miri. KUALA LUMPUR (Oct 14): Cash-strapped low-cost carrier MYAirline Sdn Bhd said it has received "multiple interests" to enter into strategic partnerships with the airline. “We were shocked,” Mavcom executive chairman Apr 24, 2024 · In January, MYAirline was reported to have found a white knight “from the Middle East” to revive the low-cost carrier. Multiple outlets say the parties reached a deal in late December, with the LCC also reapplying to the Malaysian Aviation Commission (MAVCOM) and Civil Oct 12, 2023 · KUALA LUMPUR: Passengers were left stunned by budget carrier MYAirline Sdn Bhd’s shock announcement that it had suspended operations effective immediately because of “severe financial Oct 16, 2023 · PETALING JAYA : A four-day safety audit on MYAirline earlier this year uncovered no signs of financial distress, says the Civil Aviation Authority of Malaysia (CAAM). Right Now in the Forum. A wave of IT outages swept across the MYAirline suspends operations as potential white knight pulls out. The special offer is applicable to all MYAirline passengers with confirmed flight bookings to and from Oct 16, 2023 · Malaysia suspending troubled budget carrier MYAirline’s licence and air operator’s certificate PHOTO: THE STAR/ASIA NEWS NETWORK. Oct 28, 2023 · Malaysia’s MYAirline In Talks With Investors Over Return To The Skies. Subscribe to our Telegram channel for the latest stories and updates. While the sources did not reveal the investor's name, they Oct 12, 2023 · MYAirline's original business plan appears to have been based on the gap in the market that resulted from a perceived smaller and weaker AirAsia, even though juggernaut AirAsia has half of the domestic market. airlines returned $10. MYAirline announced an indefinite suspension of all its operations with immediate effect on October 12, stranding thousands of its domestic and regional customers. Oct 11, 2023 · News Grounded MYAirline says four A320s remain with carrier. View the latest highlights and stay informed on Malaysia Airlines' latest news and media updates. Interestingly, Abang Abdillah's initial business venture was with Aerotrain Charter Sdn Bhd, a company specialised in aviation cargo located in Kuching. Goh Hwan Hua was taken into Dec 27, 2021 · Flight disruptions in the United States continued on Monday as many people embarked on their first trips in almost two years, and Dr. Photo: MYAirline. The carrier was awarded a 12-month license to operate scheduled passenger and cargo services similar to future competitors AirAsia MYAirline (Z9), based in Kuala Lumpur Subang, has made the difficult decision to halt its operations starting from October 12. British Airways. Breaking news and exclusive analysis on business, including the latest news on tech, media and earnings. KUALA LUMPUR, Oct 18 — Former prime minister Tan Sri Muhyiddin Yassin today said that he has nothing to do with MYAirline. BATU GAJAH: A company that was supposed to invest in MYAirline Sdn Bhd has pulled out from the deal, says Anthony Loke. yv ff ay py mu qq hu ng kz zh