KUALA LUMPUR (Jan 17): Even as the aviation industry is still struggling to recover from the devastating impact of the Covid-19 pandemic,┬áMalaysia’s civil aviation industry regulator has approved two new airlines to join the industry.

MYAirline Sdn Bhd (MYAirline), a newly-established ultra low-cost carrier (ULCC), is expected to be launched soon, according to sources.

A check on the Malaysian Aviation Commission’s (Mavcom) website by theedgemarkets.com showed that the new ULCC, which was previously registered as Z9 Elite Sdn Bhd, has been granted conditional approval for an air service licence (ASL) by the commission on Dec 22, 2021. The licence is valid for 12 months from Jan 1 to Dec 31, 2022. An ASL allows the licence holder to conduct scheduled passenger and cargo services like those of Malaysia Airlines Bhd and AirAsia Group Bhd.

This is the second airline granted an ASL in the end of 2021 by the commission, which was established in 2016 to function as an independent economic regulator of the country’s civil aviation industry.Read more