Airline News
Malaysia’s MAB receives AOC
September 7th 2015
Malaysia Airlines Berhad (MAB), the new entity spawned from crisis-stricken Malaysia Airlines (MAS), has been granted its air operator’s certificate (AOC) by Malaysia’s Department of Civil Aviation (DCA), following months of audit activity, including airworthiness operations, MRO conformance and regulatory conformity, the airline said. Read More »
Malaysian Minister of Transport, Datuk Seri Liow Tiong Lai, said the AOC was “an important milestone in the evolution of Malaysia’s [new] national airline”. He said the Malaysian government was committed to ensuring the “new and rejuvenated Malaysia Airlines takes off on a strong note".
The assets of the old MAS were bought by sovereign wealth fund, Khazanah Nasional, last year for $1.6 billion, following seven consecutive loss-making quarters and the loss of two aircraft, MH370 and MH17, last year. MAS was subsequently delisted in December.
New MAB chief, Christoph Mueller, said the new entity would start from scratch as a full service regional carrier, following extensive job cuts and route rationalization. MAB is still looking to sell its six A380s, while This Week in Asia-Pacific Aviation understands it is planning to retire its 13 B777s by early 2016.
