Ascend Airways Malaysia now in Phase 3 of AOC application process
KUALA LUMPUR: Ascend Airways Malaysia, a new Malaysia-based airline, has advanced to Phase 3 of its air operator certificate (AOC) application process, it said in a statement issued today.
The Kuala Lumpur-based ACMI (aircraft, crew, maintenance, and insurance) and charter airline will be offering both passenger and cargo operations.
A part of Avia Solutions Group, the largest ACMI provider in the world, the airline is targeting to launch its first cargo operations in November 2025, with passenger flights to follow.
Ascend Airways Malaysia was granted its Conditional Air Service Permit (CASP) from the Malaysian Aviation Commission (MAVCOM) in 2024, and has since been working closely with the Civil Aviation Authority of Malaysia (CAAM) to obtain its Air Operator Certificate (AOC).
The process is currently in its final stages, with full flight operations expected to commence by end-2025.
'Ascend Airways remains focused and committed to deliver flexible ACMI solutions and develop its seasonal fleet strategy between the UK and Malaysia and the Asia-Pacific region," said Alastair Willson, CEO of the UK-based Ascend Airways, the sister company of Ascend Airways Malaysia.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Free Malaysia Today
17 minutes ago
- Free Malaysia Today
Engineer loses RM1.5 million to investment scam
Penang police chief Hamzah Ahmad said the victim, who works in the Middle East, made the investment after getting to know a woman through the phone. (Bernama pic) BUKIT MERTAJAM : An engineer working in the Middle East lost over RM1.5 million to an online investment scam recently. Penang police chief Hamzah Ahmad said the victim, 40, got to know a woman through the phone in November last year and had a relationship with her. 'The woman invited him to join an investment scheme called Golden Crimson that offered handsome returns. The man invested RM90,510 and received returns of RM108,611,' said Hamzah. The man grew confident in the scheme and made 103 transactions with 31 different accounts totalling more than RM1.5 million from December to March and realised he was scammed when he failed to withdraw his profits of RM4.1 million through the app but was asked instead to provide additional capital to be able to withdraw.
Free Malaysia Today
19 minutes ago
- Free Malaysia Today
MCMC calls up logs of all phone calls, says no personal info accessed
Data collected on phone calls and internet usage will be used strictly for 'the generation of official statistics to support evidence-based policymaking', said MCMC. (File pic) PETALING JAYA : The Malaysian Communications and Multimedia Commission has defended its directive requiring phone companies to hand over data on all mobile phone calls made from January to March. The commission said no personal information would be accessed, processed, or disclosed by the commission. It said that the data requested was anonymised and contained no information that can be used to identify any person. The telecommunications companies are given the option to either process the data within their own secure environment and submit the required anonymised and aggregated output to the MCMC; or for those without processing capabilities, submit the anonymised data to the commission for processing. 'In both cases, no individual subscriber can be identified through the data collected,' MCMC said in a statement this evening. The statement came hours after the South China Morning Post, quoting industry sources, said that Putrajaya had ordered mobile phone companies to hand over detailed records of phone calls and internet usage as it broadens controls over online activity. ADVERTISEMENT VIDCRUNCH Next Stay Playback speed 1x Normal Quality Auto Back 360p 240p 144p Auto Back 0.25x 0.5x 1x Normal 1.5x 2x 00:00 / 01:09 Skip Ads by The Post's sources said MCMC had sent a letter to telcos calling up detailed call and internet logs for the first three months of this year, as part of the government's mobile phone data project. The data collected would be used strictly for generating official statistics to support 'evidence-based policymaking'. It sought such statistics such as the number of active mobile broadband subscriptions and penetration rates by state, district, mukim, local authority and parliamentary and state constituencies. The data was also used for tourism-related purposes, such as generating indicators on visitor numbers and domestic travel trends, MCMC said. 'The use of mobile phone data as a new source of national statistics is a strategic direction set by the government to strengthen the quality and timeliness of statistical outputs for policy and planning purposes,' it added. MCMC said this initiative follows international best practices, mirroring efforts in countries like Indonesia and Brazil, where anonymised telecommunication data is used to improve national statistics without compromising user privacy.
The Star
2 hours ago
- The Star
Stablecoin firm Circle scales record high after blockbuster NYSE listing
Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world's biggest stablecoins, reacts to the price of first trade, on the day of the company's IPO, at the New York Stock Exchange (NYSE), in New York City, U.S., June 5, 2025. REUTERS/Brendan McDermid/File Photo (Reuters) -Stablecoin issuer Circle Internet's shares climbed 41% to hit a record high on Friday, extending a stellar run after a blowout market debut on the New York Stock Exchange a day earlier. The New York-based company's stock touched as much as $117.45, more than triple its offer price of $31 and valuing the company at $30.5 billion on a fully diluted basis. The blockbuster listing also reinforced expectations that the IPO market was regaining its momentum after being stifled by tariff-driven volatility. "This is big enough that it extends beyond crypto," said Matt Kennedy, senior strategist at Renaissance Capital, a provider of IPO-focused research and ETFs. Wall Street executives also struck an optimistic tone on Thursday at an industry conference, emphasizing that markets were ready for the right companies. NYSE President Lynn Martin said Circle's IPO was a bellwether for the IPO market this year and not just for crypto listings. Investors are also realizing that the uncertain environment is going to be relatively persistent and focusing on putting their dollars at work, Nasdaq CEO Adena Friedman said. "This is the latest sign of building momentum in the IPO market. We'll likely continue to see moderate activity over the next month, but there is still some tariff uncertainty on the horizon, which is why we're expecting more of a full IPO rebound in the fall," Kennedy said. Digital banking startup Chime is poised to go public in New York next week. Sixth Street-backed cancer diagnostic firm Caris Life Sciences, private equity-backed debt buyer Jefferson Capital and Florida-based Slide Insurance have also joined the IPO pipeline in recent weeks. (Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Sriraj Kalluvila)
