Previously, we shared that after some delays, the Sarawak State Government is finalising its acquisition of MASwings today for its state-owned airline. Well, today, the acquisition has been formalised through the signing of a sale and purchase agreement with Malaysia Aviation Group (MAG), and the Sarawak Government has named the new airline ‘AirBorneo’.

After a series of delays, it looks like Sarawak’s state-owned boutique airline is nearing takeoff as the Sarawak State Government will finalise its takeover of MASwings on 12 February. A sale and purchase agreement would be signed on that day between the Sarawak Government and Malaysia Aviation Group  (MAG) for the acquisition of the latter’s subsidiary.

In October last year, we shared how the Sarawak State Government, through Hornbill Skyways Sdn Bhd, signed a Memorandum of Understanding (MoU) with the Malaysia Aviation Group (MAG) to acquire MASWings Sdn Bhd for the proposed Sarawak-owned boutique airline. Now, Sarawak Premier Tan Sri Abang Johari Abang Openg has given an update on the proposal, revealing that the airline is expected to take off in 2025.

The Malaysia Aviation Group (MAG) recently launched the EnrichMoney Visa Prepaid Card and application for hassle-free travel. Powered by Merchantrade Asia Sdn Bhd, it has a multi-currency wallet which allows travellers to buy and sell up to 20 foreign currencies in-app anytime, anywhere.