The Malaysian Aviation Commission (MAVCOM) has revoked the air service licence (ASL) of My Jet Xpress Airlines (NEP, Kuala Lumpur International), a cargo carrier with two inactive B737s. The authority confirmed the cancellation in a May 16 notice and said it was a direct result of the Civil Aviation Authority of Malaysia (CAAM) revoking My Jet's air operator's certificate (AOC).

"The revocation of the ASL by the Commission is in accordance with subsection 43(3) of the Malaysian Aviation Commission Act 2015 [Act 771], which states that if an air service licensee no longer holds a valid AOC from CAAM, that the ASL issued to them shall be deemed revoked from the date the air service licensee ceases to hold an AOC," reads MAVCOM's statement.

Earlier this year, ch-aviation reported that My Jet Xpress would merge with Transonic Jet Sdn Bhd in a MYR50 million ringgit (USD10.7 million) transaction that would see Transonic, a transportation support company and travel agency, take a 90% stake in the cargo specialist along with securing possession of its operating licences.

The ch-aviation fleets module shows My Jet Xpress has two aircraft, a B737-300(F), 9M-NEF (msn 23811), and a B737-300(QC), 9M-NEY (msn 23837). Both are in storage at Johor Bahru.

MAVCOM noted that it had previously approved the renewal of a 48-month ASL to My Jet from 1 October 2021 to 30 September 2025, contingent on My Jet abiding by specific conditions.

In July 2023, the commission issued a show-cause letter to My Jet raising concerns about its non-compliance with the conditions attached to its ASL. Consequently, on November 1, 2023, MAVCOM took further action, suspending My Jet’s ASL until April 30, 2024.

My Jet Xpress Airlines, formerly Neptune Air, was established in 1970 as a cargo airline based in Kuala Lumpur offering wet and dry lease services. In 2018, Neptune Air underwent restructuring and emerged under its new name.