MYAirline, one of the prominent airlines in the region, has announced an immediate suspension of all its operations starting today.
MyAirline suspends operations
The unexpected halt has left thousands of passengers stranded and in search of alternative travel arrangements.
The airline cited “significant financial pressures” as the primary reason for this drastic measure, hinting at the need for shareholder restructuring and recapitalization.
In an official statement, the Board of Directors expressed their deep regret and understanding of the impact this decision would have on their loyal customer base, employees, and partners.
“We have worked tirelessly to explore various partnership and capital raising options to prevent this suspension. Unfortunately, the constraints of time have left us with no alternative,” the statement read.
Passengers affected by this sudden suspension are advised not to head to the airport.
Instead, they are encouraged to contact the airline’s customer care at [email protected] for assistance.
The future of MYAirline remains uncertain.
While the Board and shareholders are committed to resuming operations, no definitive timeline has been provided. This suspension not only affects the passengers but also puts the livelihood of thousands of its employees at risk.
