Rayani Air, the Malaysian Shariah-compliant airline that was suspended for three months soon after launching operations due to a unauthorized pilot strike, has missed a deadline to put its financial reports in order and so is unlikely to take to the skies again.
The airline has not yet found a new investor nor has it proven to the Department of Civil Aviation (DCA) that it has a sound business structure to reclaim its suspended Air Operating Certificate (AOC), according to local media reports.
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