MAHB unaffected by turbulence at MYAirline

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MAHB unaffected by turbulence at MYAirline
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THE winner of the recent Miss Asia Pageant Malaysia 2023 will retain her crown after pageant organisers claimed there was not enough evidence to conclude that she was a “bully” after her accusers declined to step forward and provide proof, reported Sin Chew Daily.

Travel resurgence: Passengers in the Kuala Lumpur International Airport. MAHB is not expected to see major fallout from troubles at a local budget airline. — Bernama

The impact on the airport operator from a potential collapse of the airline would not be overly damaging, it said. “We expect MAHB to make the necessary write-off in its third quarter or 4Q23 forecast results announcement, if it has not already done so. We have not reflected any bad-debt write-offs into our financial forecasts for now,” the brokerage noted.

MYAirline was founded in 2021 and launched its first flight in December 2022, using an all-leased Airbus A320 narrowbody fleet.

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