Beijing also says it wants to ‘play a constructive role in promoting a comprehensive, just and lasting solution to the question of Palestine’Zhai Jun, China’s special envoy for Middle East affairs, speaks by phone with Amal Jadou, first deputy minister of Palestinian foreign...
Abrupt end: MYAirline planes parked on the tarmac after the suspension of its service at KLIA2 in Sepang, Selangor. — GLENN GUAN/The Star is expected to be mildly negatively impacted on fewer passengers and potential provision for doubtful debts following the suspension of MYAirline Sdn Bhd's operations, said Maybank Investment Bank ."Based on our earnings estimates, we are making 'Buy' calls on MAHB and AAX, and maintaining 'Hold' on Capital A.
"Yet, investors ought to look out for Capital A’s fourth quarter 2023 results which may be boosted by high fares," said Maybank IB.After less than a year of operations, MYAirline on Oct 12, 2023 suspended its operations due to significant financial pressures and the suspension is pending shareholder restructuring and recapitalisation.Its business model was very similar to Capital A’s in that it was operating as a low-cost carrier flying to domestic and Asean destinations.
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