MAG inks SPA for ownership of MASwings

MAG said the transfer is expected to be completed by the end of the year.

PETALING JAYA: Malaysia Aviation Group (MAG), the parent company of MASwings, has signed a sale and purchase agreement with the Sarawak government, formalising the transfer of MASwings’ ownership.

This follows the memorandum of understanding signed with the Sarawak Government and Hornbill Skyways on Oct 27, 2023.