Malindo Airways will enter the low-cost carrier market in this region as early as May 2013. The new airlines is a joint venture company between Lion Group of Indonesia and Malaysia National Aerospace and Defence Industries (NADI). In this JV, NADI will hold a 51% stake in the new carrier and Lion Air 49%.
Malindo Airways , will start operations in May 2013 with a fleet of 12 Boeing 737-900ER aircraft and will choose KLIA2 as it main hub. Malindo Airways will focus on routes between Malaysia and Lion Air’s hub in Indonesia before operating to other cities such as Bangkok, Manila, Hanoi and Guangzhou.
The airline will offer a “hybrid product” using aircraft with a two-class configuration – 12 in business and 168 in economy. The aircraft will also be equipped with in-flight entertainment systems and in-flight connectivity.
As a newcomer, Malindo Airways will offer ticket prices lower or at least on par with that of Malaysian low-cost carrier AirAsia.
Next year will be a tough year for all players in the industry. Let see how AirAsia will response to the establishment of Malindo Airways. Can we see a significant drop in airfare next year ?
Via : Malindobooking.com
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