Malaysia today launched a new airline, flymojo, aimed at providing value flights in south-east Asia.
The airline will be based out of a primary hub at Johor Bahru's Senai airport in the south of Malaysia and a secondary hub at Kota Kinabalu in the east and is scheduled to start its operations in October this year.
Malaysian private company Fly Mojo Sdn Bhd will operate the airline which will provide value flights in south-east Asia.
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Fly Mojo Sdn Bhd and Canadian aircraft manufacturer Bombadier have signed a letter of intent (LOI) for the sale and purchase of 20 CS100 aircraft with options for an additional 20.
Based on the list price of the CS100 aircraft, a firm order would be valued at approximately USD 1.47 billion and could increase to USD 2.94 billion should flymojo exercise all its options, The Star reported.