No financial distress signs at MYAirline pre-suspension, Mavcom asserts

The Malaysian Aviation Commission (Mavcom) has asserted that there were no indications of financial distress at MYAirline Sdn Bhd before its suspension in October.

Mavcom executive chairperson Saripuddin Kasim was quoted by NST Business Times as saying that their data showed no signs of financial or operational distress that could have prompted the abrupt suspension on Oct 12...