KUALA LUMPUR: Fly Mojo Sdn Bhd is planning to start a new airline dubbed "flymojo" with Senai International Airport, Johor Bahru as it primary hub and Kota Kinabalu as its secondary base.
The latest airline targets travel within ASEAN and the regions bordering it using the CS100 aircraft which is specifically designed for the 100 to 149-seat, single-aisle market.
"Born of the desire to make air travel a much anticipated and longed for experience, Flymojo is dedicated to providing value, and exceptional customer service that will focus on putting the human touch back into flying," said Flymojo Chairman Datuk Seri Alies Anor Abdul in a statement today.
"We are confident that our model will resonate deeply with our passengers and that the use of the technologically advanced CSeries aircraft will transform the aviation industry in Malaysia and the region," he added.
Fly Mojo made the announcement at the Langkawi International Maritime & Aerospace Exhibitions (LIMA) 2015.
According to the group, it has inked a Letter of Intent (LOI) with Bombardier Commercial Aircraft for the sale and purchase of 20 CS100 aircraft with option for an additional 20 CS100 planes.
Upon execution of a firm purchase agreement, Flymojo is expected to become the first customer and operator of the CS100 aircraft in the region, the statement read.
The statement said based on the list price of the CS100 aircraft, a firm order would be valued at approximately US$1.47 billion (approximately RM5.44 billion), and could increase to US$2.94 billion (RM10.87 billion), should flymojo exercise all its options.
Commenting on the new launch, Deputy Transport Minister Datuk Aziz Kaprawi said the airline would play a key role in improving connectivity between the peninsula and Sabah and Sarawak, as well as other parts of the region.
"In addition, as the only airline utilizing the Southern Corridor as its headquarters, Flymojo will transform Senai into a key regional aviation and logistics hub, augmenting the government's initiatives in developing Iskandar Malaysia and the Southern Corridor," he added.
"Further strengthening Kota Kinabalu's standing as a gateway into Malaysia, Flymojo will also boost tourism into Sabah and Sarawak," he said.
Meanwhile, Minister of International Trade of Canada Ed Fast said as the travel needs in the region increased, Canada is committed to supporting the growth of economic ties between the two countries.
Bombardier Commercial Aircraft president Mike Arcamone said with its strategic market footing and unique operations, flymojo is an ideal match for the all-new CS100 jetliner.
"The CSeries family of aircraft will enable new airlines such as Flymojo to cover markets efficiently, thanks to its exceptional economics, operational flexibility and widebody comfort, coupled with an unmatched environmental and noise footprint," headded.
"The CSeries family of aircraft's game-changing technology, and its two models - the CS100 and CS300 jetliners - provide airlines the capability for natural progression in terms of market coverage and passenger capacity," he added.
At the LOI signing ceremony, Flymojo was represented by its managing director Datuk Janardhanan Gopala Krishnan while Bombardier Commercial Aircraft was represented by its regional vice president, (Sales,Asia-Pacific) Frank Baistrocchi.
Source: The Edge Markets | 17 March 2015
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