https://theedgemalaysia.com/node/709228

MYAirline loses licence to operate as commercial airline as CAAM revokes AOC

KUALA LUMPUR (April 24): The Civil Aviation Authority of Malaysia (CAAM) has revoked the air operator's certificate (AOC) of cash-strapped low-cost carrier MYAirline Sdn Bhd, effective April 15, after it failed to find a new investor before the April 14 deadline.

This means MYAirline will have to reapply for the AOC and an air service licence (ASL) from the aviation regulators — the first from CAAM, the technical aviation regulator; the second from its economic aviation counterpart, the Malaysian Aviation Commission (Mavcom) — if it hopes to restart services. The process can be long and tedious.