Malaysia finds itself some new mojo
Malaysia is set to get new airline – flymojo – which will target the intra-ASEAN market, based out Senai International Airport, located near the southern city of Johor Bahru, across the causeway from Singapore.
April 1, 2015
Malaysia is set to get new airline – flymojo – which will target the intra-ASEAN market, based out Senai International Airport, located near the southern city of Johor Bahru, across the causeway from Singapore. The carrier will also establish a base in Kota Kinabalu, East Malaysia. Malaysian media reported that flymojo is aiming to launch in October 2015 and commence flights in the first quarter of 2016.
Fly Mojo Sdn Bhd recently signed a letter of intent with Bombardier to purchase 20 CS100 aircraft, with an option for another 20 and is in talks with aircraft lessors to have a sale and leaseback arrangement for the aircraft.
No timeline for the firming of orders or delivery schedule was detailed. The CS100 is a slightly smaller aircraft compared with the A320 that AirAsia is using and cheaper at a list price of US$73 million versus the latter’s US$79 million price tag and the B738s that Malindo Air and Malaysia Airlines are operating.
The Star Online quoted a Singaporebased aviation analyst as saying: “There is no room in the market for another carrier as it is already oversupplied.
The niche flymojo is pursuing can easily be filled by AirAsia, Malindo Air or Firefly, which can pursue strategic and aggressive expansion into Senai or wherever flymojo goes and out-muscle the new competitor.”