Malaysia's MYAirline targets IPO within three years: CEO

Country's newest LCC aims to hit 2 million passenger mark by early 2024

20230718 Rayner Teo

MYArline CEO Rayner Teo: "I've been given an aggressive target." (Photo by Norman Goh)

NORMAN GOH, Nikkei staff writer

KUALA LUMPUR -- MYAirline, Malaysia's newest low-cost carrier, plans to go public within the next three years, the company's chief executive told Nikkei Asia, outlining ambitious expansion plans to become a major regional player.

CEO Rayner Teo said that though an initial public offering within that time frame is a tall order, he was confident the company, which started operations in November of last year, has the managerial resources to pull it off.

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