aviation: Malaysia: Lessors withdraw aircraft from My Airline

, aviation: Malaysia: Lessors withdraw aircraft from My Airline


The Malaysian airline My Airline, which will have to suspend flight operations indefinitely on October 12, 2023, is now faced with the fact that the lessors are withdrawing the aircraft one after the other.

You can obtain this information from the Civil Aviation Authority, where you apply for the ownership of the machines by de-registering them. Six machines have now been deregistered in this way and returned to the care of the lessor. Nights for Airbus A320 are currently registered on My Airline.

According to the company’s own information, flight operations must be stopped on October 12, 2023 for financial reasons. The company is also criticized for leaving passengers sitting without any assistance. There are now also criminal investigations against the management.

Specifically, the majority shareholder and company founder Goh Hwan, who was arrested on October 17, 2023, as well as his adult son and wife, are affected. The Malaysian Public Prosecutor’s Office accuses these of violating the local law on combating money laundering, terrorist financing and proceeds from unlawful activities. A corresponding investigation is underway, with reference to the presumption of innocence.

A possible restart is likely to be quite complicated, as the Civil Aviation Authority has suspended the operating license effective November 1, 2023. Previously, on October 12, 2023, My Airline was required to demonstrate its financial viability and take a position on the incidents. Mavcom said it had not received a satisfactory response by the deadline.

It is completely unclear what will happen to the four remaining aircraft. In this statement, My Airline emphasizes that these days should continue to be in My Airline’s camouflage. However, we hear from Mavcom circles that de-registration applications should also be available for these machines. The airline expressly emphasizes that it is in negotiations with the lessors and hopes that fresh financing will soon be available. People still believed that a new start could be successful.

The post Malaysia: Lessors withdraw aircraft from My Airline appeared first on Aviation.Direct.

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Author: Manuella LISET