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Malaysia: MyAirline has to suspend flight operations due to lack of funds

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For financial reasons, the young airline MyAirline had to stop flight operations on October 12, 2023. They are under enormous financial pressure and therefore cannot fly until the necessary restructuring and recapitalization has been completed.

Last week, company boss Rayner Teo resigned - officially for health reasons. The carrier is currently led by Stuart Cross, who previously served as chief operating officer. Flight operations only began in December 2023 from Kuala Lumpur.

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