Kuala Lumpur: . AirAsia is currently the region’s leading budget airline, but MYAirline CEO Rayner Teo suggested his company could have the edge by selling cheaper airfares, better real-time customer support and punctual flights. “We believe we can easily offer cheaper flights based on cost structure,” Teo, also the carrier’s co-founder, was quoted as saying.
MYAirline has received a licence to operate from the Malaysian Aviation Commission, the paper reported.The carrier had described its business model as “ultra low cost”. The fleet will start out small, with just three secondhand Airbus A320s, but the company said it aims to increase its fleet size to 50 within the next five years. “We have signed some attractive deals with very large lessors,” Teo was quoted as saying.
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