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

US GDP rose 2% in early 2026 in sign of economy’s resilience
Coastal Contracts secures RM7mil charter contract
BAssets disposes of stake in BCorp for RM7mil
Jaycorp acquires RE subsidiary for RM15mil, to diversify business
Inspace Creation posts 1Q profit ahead of ACE Market listing
IOI Properties poised to enter FBM KLCI in June review
Cropmate auditors raise going concern concerns following MACC account freeze
F&N to manage cost pressures and supply chain disruptions
Scanwolf wins RM6mil industrial development job
Country Heights to take over Mines Beach Resort after agreement termination

Others Also Read