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MYAirline suspends operations amidst financial woes, AirAsia jumps in to offer support

by Teddy Cambosa

-

October 13, 2023

MYAirline suspends operations amidst financial woes, airasia jumps in to offer support

Kuala Lumpur, Malaysia – Local low-cost airline MYAirline has announced that is suspending its operations following financial woes the company is currently facing.

“We deeply regret and apologise for having to make this decision as we understand the impact it will have on our loyal passengers, dedicated employees and partners. We have worked tirelessly to explore various partnership and capital-raising options to prevent this suspension. Unfortunately, the constraints of time have left us with no alternative but to take this decision,” the company’s board of directors said in a statement.

The company has also apologised to its passengers who have been stranded at the airports without assistance from MYAirline staff.

“At present, MYAirline is exploring all avenues to reactivate its operations and fly again. We respectfully ask for patience from all stakeholders while we evaluate all options. MYAirline will issue further updates when they are available,” the company also added.

The suspension of operations comes days after MYAirline had announced key leadership changes, with long-time CEO Rayner Teo stepping down due to health constraints.

Following this update, low-cost giant AirAsia has come forward to offer support to affected passengers and employees of the airline.

In a statement, airasia said that it is offering a special discount for affected passengers who have confirmed flight bookings to and from Kuala Lumpur, Langkawi, Penang, Tawau, Kota Bharu, Kuching, Kota Kinabalu, Kota Kinabalu-Tawau, and Don Mueng-Bangkok and Suvarnabhumi-Bangkok. This took effect from October 12 and will end on November 30.

Bo Lingam, group CEO at AirAsia Aviation Group, said, “As the people’s airline, we deeply empathise with all affected MYAirline passengers and their staff. We understand the stress and disruption this situation has caused and hope that this 50 percent discount will assist affected passengers in making new travel arrangements, making full use of our extensive flight network to all key destinations.”

He added, “Our thoughts also go out to all the dedicated staff impacted by this situation. We recognise the talent and experience of MYAirline’s staff, and would like to extend a helping hand. We are pleased to consider hiring eligible and qualified individuals from MYAirline who share our passion for the industry and are willing to contribute their skills and expertise to our team. We encourage affected MYAirline staff to reach out to us and explore the possibilities of joining our Allstars family.”

Related Tags Malaysia AirAsia Aviation Operations MYAirline
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