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New Malaysian Airline Signs LOI with Bombardier for 20 CS100 Aircraft

Travel News Asia Latest Travel News Podcasts Videos Thursday, 19 March 2015
 

A new Malaysian airline, flymojo, has signed a Letter of Intent (LOI) with Bombardier for the purchase of 20 CS100 aircraft with options for an additional 20 CS100 aircraft.

Upon execution of a firm purchase agreement, flymojo is expected to become the first customer and operator of the CS100 aircraft in the region.

Based on the list price of the CS100 aircraft, a firm order would be valued at approximately US$1.47 billion, and could increase to US$2.94 billion, should flymojo exercise all its options.

With flymojos primary hub at Senai International Airport, Johor and secondary hub in Kota Kinabalu, Sabah, the airlines 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, said Deputy Minister of Transport, Aziz Kaprawi. 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 governments initiatives in developing Iskandar Malaysia and the Southern Corridor. Further strengthening Kota Kinabalus standing as a gateway into Malaysia, flymojo will also boost tourism into Sabah and Sarawak.

Malaysia, Bombardier, CS100, flymojo

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