Transport Minister Anthony Loke said the bill on the proposed merger of the Malaysian Aviation Commission (Mavcom) and the Civil Aviation Authority of Malaysia (CAAM) into one entity is expected to be tabled in the second session of Parliament this year.
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NewsTranscript
00:00 What about the update on CAM and MAFCOM's merger?
00:03 CAM and MAFCOM merger is still ongoing.
00:06 I think the process is still ongoing.
00:07 And we hope that we can bring it to Parliament by this year.
00:10 When exactly?
00:12 This year there are three sessions of Parliament.
00:15 So if not the second session will be the third session.
00:17 Minister, can you give some updates on MyAirline?
00:21 Have you met with the current management?
00:22 And have you met with the potential new investor?
00:25 Yes, the potential new investor for MyAirline,
00:29 they came to MOT and I saw them.
00:32 So they just asked what is the way forward
00:36 and what is the advice from the Ministry.
00:38 As far as commercial decision is concerned, it's up to them
00:41 whether they want to invest in the company.
00:43 So I have given some general advice on how to go about it.
00:47 And I said that we should look at some other segments.
00:51 It's not just in terms of domestic,
00:54 but some other segments,
00:55 how do you position yourself to make it more attractive.
00:58 But any commercial decision is entirely up to them.
01:00 As far as the government is concerned,
01:03 they have to comply with all our process in terms of regulation,
01:06 in terms of applying to MAFCOM and also to CAM.
01:10 All approvals, technical approvals must be submitted
01:14 the application according to normal procedures.
01:17 So at this point of time,
01:19 we have not heard any specific application from there yet.
01:24 Thank you.
01:24 [END]