Sarawak complete acquisition of MASwings


KUCHING: The Sarawak state government has completed the acquisition of MASwings Sdn Bhd through AirBorneo Holdings Sdn Bhd, effective today, Jan 1, 2026.

AirBorneo, a wholly owned entity of the Sarawak state government, said the sale and purchase agreement for the acquisition was signed between Malaysia Aviation Group and the Sarawak state government on Feb 12, 2025.

"Effective Jan 1, 2026, AirBorneo will assume full legal and operational responsibility of MASwings. During this initial phase of transition, MASwings branding will continue, whilst AirBorneo progressively rolls out its new brand identity.

"AirBorneo appreciates the cooperation and understanding of passengers, partners and stakeholders during this transition period,” it said in a statement today.

AirBorneo said the acquisition supports the state government’s strategic objectives of strengthening regional air connectivity and ensuring affordable fares for Sarawak and its people.

"It is a key step in supporting the state’s broader social and economic development agenda and lays the foundation for the airline’s next phase of growth as AirBorneo.

"The Sarawak state government wishes to thank all employees, partners, and stakeholders for their support throughout the transaction and the transition process,” it added. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Sarawak , AirBorneo , airlines , MASwings , corporate

Next In Business News

SoftBank raises US$11.1bil in world's biggest high-yield corporate bond sale
Asian stocks, currencies pressured by oil prices, bond rout
Oil extends gains on little sign of progress in US-Iran talks
Moomoo: Investors should watch sector rotation, ringgit for foreign flow direction
Malaysia’s 2026 GDP growth could hit 5.7% on stronger manufacturing, investments
Moody’s: AI boom to lift Malaysia’s 2026 growth despite slower Asia-Pacific outlook
Financing for priority sectors still modest despite policy ambitions, says BNM Governor
MARC Ratings affirms Gas Malaysia Distribution’s AAA rating
Troops commits US$12mil to AI infrastructure venture in Southeast Asia
Cultural spending gains momentum

Others Also Read