BUSINESS

Sarawak Completes Acquisition Of Maswings

01/01/2026 03:49 PM

KUCHING, Jan 1 (Bernama) -- 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

 

 


 

© 2026 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy  
https://bernama.com/en/news.php?id=2507926