Sarawak becomes first Malaysian state to acquire its own airline

BangkokPost.com

Sarawak, a state in Malaysia, will acquire MASwings, a regional airline, as part of its efforts for greater autonomy. This makes Sarawak the first Malaysian state to own an airline. The acquisition will be formalized with a sales agreement on Wednesday. Sarawak's government aims to enhance control over strategic assets, having recently reclaimed gas distribution rights and taken over its largest port. Sarawak Premier Abang Johari plans to transform MASwings into an international airline, targeting six new destinations to boost tourism. MASwings currently operates a fleet of 14 aircraft.


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Sarawak becomes first Malaysian state to acquire its own airline | News Minimalist