New “ultra low-cost” airline gets approval to operate in Malaysia

The Malaysian civil aviation commission has approved and licensed another new domestic airline startup despite the industry is still reeling from the impact of the crisis triggered by the Covid-19 pandemic.

The new airline is MYAirline, a newly-established ultra low-cost carrier which is expected to be launched soon, The Edge wrote. The air service license the carrier was granted by the commission allows it to conduct regular scheduled passenger and cargo services.

The driving force behind MYAirline is Malaysian entrepreneur Goh Hwan Huaand who controls investment companies Zillion Wealth and Trillion Cove Holdings, which are, in turn, key shareholders of MYAirline. Goh, who has interests in e-commerce, online businesses, e-ticketing, fintech, retail and tourism, is also the carrier’s chief executive officer and director.

Potential domestic competitor for AirAsia

Plans are to start operations with two leased Airbus A320s flying from Kuala Lumpur International Airport and establish MYAirline as an alternative to the budget airline industry, which is dominated by AirAsia in Malaysia. No details about a flight network have emerged so far, neither about the brand design.

The market entry of MYAirline follows the recent approval of Johor-based SKS Airways which has also been provided a full air service license. Investvine already reported the news on January 6.

SKS Airways is now aiming to launch its maiden flight from its base at Subang Airport just southwest of Kuala Lumpur to the holiday island of Pulau Pangkor on January 25 with one of its four DHC6 Twin Otter turboprop aircraft.

Aviation regulator expects recovery in the industry from 2022

While the further path of the Covid-19 pandemic is still difficult to anticipate, signs are that the situation seems to be gradually easing which drove the Malaysian civil aviation commission to project improving demand for air passenger traffic.

The “best case scenario” for 2022 is now between 32.6 million and 49 million air travelers, which would mean a recovery of between 30 and 45 per cent from 2019’s total air passenger traffic of 109.2 million in Malaysia. Air passenger traffic in 2021 was just around seven million passengers.



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The Malaysian civil aviation commission has approved and licensed another new domestic airline startup despite the industry is still reeling from the impact of the crisis triggered by the Covid-19 pandemic. The new airline is MYAirline, a newly-established ultra low-cost carrier which is expected to be launched soon, The Edge wrote. The air service license the carrier was granted by the commission allows it to conduct regular scheduled passenger and cargo services. The driving force behind MYAirline is Malaysian entrepreneur Goh Hwan Huaand who controls investment companies Zillion Wealth and Trillion Cove Holdings, which are, in turn, key shareholders of...

The Malaysian civil aviation commission has approved and licensed another new domestic airline startup despite the industry is still reeling from the impact of the crisis triggered by the Covid-19 pandemic.

The new airline is MYAirline, a newly-established ultra low-cost carrier which is expected to be launched soon, The Edge wrote. The air service license the carrier was granted by the commission allows it to conduct regular scheduled passenger and cargo services.

The driving force behind MYAirline is Malaysian entrepreneur Goh Hwan Huaand who controls investment companies Zillion Wealth and Trillion Cove Holdings, which are, in turn, key shareholders of MYAirline. Goh, who has interests in e-commerce, online businesses, e-ticketing, fintech, retail and tourism, is also the carrier’s chief executive officer and director.

Potential domestic competitor for AirAsia

Plans are to start operations with two leased Airbus A320s flying from Kuala Lumpur International Airport and establish MYAirline as an alternative to the budget airline industry, which is dominated by AirAsia in Malaysia. No details about a flight network have emerged so far, neither about the brand design.

The market entry of MYAirline follows the recent approval of Johor-based SKS Airways which has also been provided a full air service license. Investvine already reported the news on January 6.

SKS Airways is now aiming to launch its maiden flight from its base at Subang Airport just southwest of Kuala Lumpur to the holiday island of Pulau Pangkor on January 25 with one of its four DHC6 Twin Otter turboprop aircraft.

Aviation regulator expects recovery in the industry from 2022

While the further path of the Covid-19 pandemic is still difficult to anticipate, signs are that the situation seems to be gradually easing which drove the Malaysian civil aviation commission to project improving demand for air passenger traffic.

The “best case scenario” for 2022 is now between 32.6 million and 49 million air travelers, which would mean a recovery of between 30 and 45 per cent from 2019’s total air passenger traffic of 109.2 million in Malaysia. Air passenger traffic in 2021 was just around seven million passengers.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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