Malaysia gains another airline

KUALA LUMPUR  A new Malaysian airline said Tuesday it intends to buy 20 Bombardier CS100 aircraft in a USD1.47 billion deal as it looks to tap Southeast Asia’s fast-growing travel market.
The new firm, flymojo, made the announcement at the start of the five-day International Maritime and Aerospace (LIMA) exhibition in the Malaysian island of Langkawi.
The deal would mark the first sale in Southeast Asia of the Canadian company’s new twin-engine, medium-range jet. It also includes the option to purchase a further 20 planes, possibly increasing the value to USD2.94 billion.
The new airline will be based out of Johor Bahru, in Johor province and Kota Kinabalu in Sabah.
inside no 8“The announcement of a new airline in Malaysia is an exciting way to kick off LIMA,” Aziz Kaprawi, deputy transport minister, said in a statement.
“With flymojo’s primary hub at Senai International Airport, Johor and secondary hub in Kota Kinabalu, Sabah, the airline’s ultra-modern fleet of CS100 aircraft will play a key role in improving connectivity between the Peninsula and Sabah and Sarawak, as well as other parts of the region,” he added.
The launch of the new airline will comes as much-needed welcome news for the country’s aviation industry.

sourced:ttrweekly.com