Malaysia: New entrant raises air travel competition - OBG

Malaysia: New entrant raises air travel competition

The budget airline market in Malaysia is continuing to evolve. A new entrant, Malindo Air, is challenging the dominant player, AirAsia, as the latter plans an initial public offering (IPO) for its long-haul division and is facing delays at Kuala Lumpur’s new low-cost airport.
A joint venture between Malaysia’s National Aerospace and Defence Industries (51%) and rising Indonesian budget carrier Lion Air (49%), Malindo Air launched operations in March 2013 ... Read more.

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