MYAirline suspends all flights after 10 months of service

MYAirline, Malaysia's second budget airline, has abruptly suspended flight operations after just 10 months of service. The decision is driven by pressing financial difficulties, marking the airline's first public acknowledgment of its struggles, which included unpaid staff wages and late payments to service providers.

A series of resignations, including the CFO and CCO, has cast doubt on the airline's stability. Key shareholder Allan Goh Hwan Hua's business connections and financial history have also raised questions about the airline's ownership. The suspension of flights poses broader implications for Malaysia's aviation industry, leaving uncertainty about the airline's ability to overcome its financial challenges and resume operations.