News
MAG CEO surprised new carriers permitted to enter Malaysian market
January 21st 2022
Malaysia Aviation Group (MAG) CEO, Captain Izham Ismail, this week expressed concern Malaysia would not be able to absorb the new airlines "flooding the market with unnecessary capacity". Read More » He was referring to SKS Airways and MYAirline. "The announcements of the new airlines were certainly a surprise to us at the moment," Captain Ismail told reporters at the launch of MAG's partnership with the Sarawak Tourism Board. "My fear for the new airlines is they may derail the sustainability of existing airlines with unnecessary extra capacity, which will benefit consumers but might not be sustainable for the country as a whole." Earlier this week, the Malaysian Aviation Commission (MAVCOM) said it had granted SKS Airways and MYAirline conditional approval of their air service licences (ASL). MAG is the parent company of Malaysia Airlines.
