Tuesday, September 11, 2012

Malindo Airways - the new entrant in Asia

Posted by- Neelam Mathews
Sept 11, 2012

Indonesia’s largest private budget airline Lion Air has entered into a joint venture with Malaysia’s National Aerospace and Defence Industries (NADI) to form a hybrid carrier, Malindo Airways. The fleet comprising 12 737-900ER will start flying by mid- 2013. KLIA will be the base for the carrier that will fly ASEAN and domestic routes.
NADI will hold 51% in the new carrier and Lion 49%. Chandran Ramamuthy of Lion Air will head the new venture.

This follows AirAsia’s recent acquisition of Batavia Air to tap Indonesia’s 230 million population. 

Malindo Air will get aircraft for its its fleet from Lion Air Group, including the 787s for possible Europe flights. It is rumored that Lion Air is looking at ordering another ten 787s.

Batik Air, Lion Air’s long-haul carrier, will start its operations in March with six Boeing 737s and five 787s, a company official was quoted saying.
Pix- apnama2020

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