Malaysian company MYAirline takes delivery of its first A320s

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AirAsia to resume A321neo deliveries in 2024 – Fernandes

01.09.2022 – 23:11 UTC

After suspending deliveries earlier in the pandemic, AirAsia (AK, Kuala Lumpur Int’l) will start accepting new A321-200NXs again from 2024. Tony Fernandes, CEO of Capital A (formerly AirAsia Group and owners of the brand AirAsia), confirmed the recovery while presenting the company’s second quarter financial results in Kuala Lumpur this week.

Capital A posted an operating loss of MYR 491.3 million ($109.8 million) for 2Q22, but is seeing exponential revenue growth as most travel restrictions are eased in major travel markets. Southeast Asian society. AirAsia operated 65 aircraft during the second quarter. By August, that number had risen to 108 aircraft. By the end of the year, Capital A plans to fly 160 planes. Besides Kuala Lumpur-based AirAsia, there are several airlines affiliated with AirAsia, including Thai AirAsia, Philippines AirAsia, Indonesia AirAsia and AirAsia India.

“We will also take delivery of the new Airbus A321neos from 2024, which will further reduce our emissions per seat by 20% while further driving our business growth,” said Fernandes. However, the…

Malaysian carrier MYAirline targets A320s

2022-03-14 – 05:03 UTC

Previous reports that MYAirline (MYM, Kuala Lumpur Int’l) was considering Airbus A320s for its fleet requirements have been confirmed by the company’s recruitment advertisement.

MYAirline’s chief operating officer and chief executive, Stuart Cross, said the Malaysian startup is looking to employ experienced A320 captains and co-pilots at its base at Kuala Lumpur International Airport. Cross was not immediately available for further information.

This is consistent with an earlier report by Asian financial services provider, CGS-CIMB Research, that MYAirline has signed agreements to lease two A320s.

The company also recruits cabin crew and other key personnel through its website.

As reported, MYAirline recently received conditional approval for an Air Service License (ASL) from the Malaysian Aviation Commission (MAVCOM). The license has been conditionally approved for 12 months, beginning January 1, 2022 through December 31, 2022.

According to the Companies Commission Malaysia (SSM), MYAirline was incorporated on January 11, 2021, with a paid up capital of MYR 2 million ringgit (USD 478,000). The shareholders are Zillion Wealth Bhd (88%), Trillion Cove Holdings Bhd…

Malaysian start-up MYAirline obtains conditional ASL

2022-01-18 – 01:34 UTC

Malaysian ultra-low-cost startup MYAirline (MYM, Kuala Lumpur Int’l) has received conditional approval for an Air Service License (ASL) from the Malaysian Aviation Commission (MAVCOM), the regulator has announced.

The license has been conditionally approved for 12 months, beginning January 1, 2022 through December 31, 2022.

According to Asian financial services provider CGS-CIMB Research, MYAirline plans to operate two A320s on lease. In a report, it revealed “credible information that a new Ultra Low Cost Airline (ULCC) is currently in the process of obtaining regulatory approval to set up shop in Malaysia, having signed agreements to lease two A320 at cheap rental rates”. CGS-CIMB analysts predicted the newcomer could be a downgrade catalyst for AirAsia shares. AirAsia Group has encountered market turmoil after Bursa Malaysia rejected its request for an extension of a stay period that prevented it from being classified as a financially distressed company.

Meanwhile, according to documents filed with the Companies Commission Malaysia (SSM), MYAirline was incorporated on January 11, 2021 and changed its legal name to Z9 Elite Sdn. Bhd on…

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