Full article on alarabiya.net
Less than four months after launching operations, Rayani Air, the Malaysian airline that pitches itself as fully Shariah-compliant, has been grounded.
Malaysia’s Department of Civil Aviation confirmed on Monday that the company’s Air Operator’s Certificate has temporarily been revoked while it is subjected to “a full administration and safety audit.”
Although founder Ravi Alagendrran is vowing to restore operations as soon as possible, few start-up carriers are given a second chance once their brand has been tainted by suspensions. Jitters about further flight cancellations will typically derail any prospect of a re-launch...