CEO Morning Brief

Mavcom Revokes Air Service Licence of My Jet Xpress Airlines

edgeinvest
Publish date: Fri, 17 May 2024, 10:27 AM
edgeinvest
0 22,950
TheEdge CEO Morning Brief

KUALA LUMPUR (May 16): The Malaysian Aviation Commission (Mavcom) has revoked the Air Service Licence (ASL) of scheduled air cargo operator My Jet Xpress Airlines Sdn Bhd.

In a statement on Thursday, the regulator said this decision, effective from May 2, was a direct result of the Civil Aviation Authority of Malaysia (CAAM) revoking My Jet’s Air Operator Certificate (AOC) No. 40.

It said the revocation of the ASL by the Commission is in accordance with Sub-section 43(3) of the Malaysian Aviation Commission Act 2015 (Act 771), which states that if an air service licensee no longer holds a valid AOC from CAAM, that the ASL issued to them shall be deemed revoked from the date the air service licensee ceases to hold an AOC.

With the revocation of the ASL, Mavcom said that My Jet shall not undertake to carry by air or use any aircraft for the carriage of passengers, mail or cargo for hire, or reward over domestic or international routes.

It said if the airline continues to provide such services, it will have committed an offence under Act 771.

Mavcom executive chairman Datuk Seri Saripuddin Kasim said the aviation industry is filled with challenges, and only companies with a robust commercial foundation and depth can sustain long-term operations.

“The Commission’s evaluation process is thorough and rigorous, assessing and reviewing all licenses or permit applications based on specific criteria.

“The Commission strives to ensure that only companies that fulfil these requirements are permitted to operate,” he said.

My Jet, formerly Neptune Air, was established in 1970 as a cargo airline based in Kuala Lumpur, Malaysia. Operating from its primary base at KL International Airport (KLIA), the carrier offered cargo services, as well as cargo aircraft wet and dry leasing services.

In 2018, Neptune Air underwent a restructuring and emerged as My Jet Xpress Airlines.

Source: TheEdge - 17 May 2024

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment