A new privately owned Malaysian airline, flymojo, has signed a letter of intent (LOI) to order 20 Bombardier CS100 jets and option 20 more.
At Malaysia’s Langkawi International Maritime & Aerospace Exhibition (LIMA), in announcing its creation and network plans, flymojo revealed it had signed an LOI with Bombardier Commercial Aircraft for up to 40 CS100s.
To be operated by Fly Mojo Sdn Bhd, which is wholly owned by Malaysians, flymojo is expected to become the first customer for the Bombardier CS100 in Southeast Asia.
Bombardier Commercial Aircraft says the new deal means the manufacturer has now received orders and commitments for more than 600 Bombardier CSeries jets.
According to its announcement at the LIMA show, flymojo will be based at Johor Bahru in the state of Johor and Kota Kinabalu in the state of Sabah, which is on the island of Borneo.
Most of Borneo belongs to Indonesia, but Malaysia and Brunei also control parts of the huge island.
Based on the list price of the CS100, Bombardier Commercial Aircraft values a 20-aircraft flymojo firm order at approximately US$1.47 billion. This could increase to US$2.94 billion should flymojo exercise all its options.
At the LOI signing ceremony, flymojo was represented by Janardhanan Gopala Krishnan, its managing director; and Bombardier Commercial Aircraft was represented by Frank Baistrocchi, the manufacturer’s regional vice president, sales, Asia-Pacific.
In attendance were the Right Honorable Prime Minister of Malaysia, Najib Tun Razak; the Honorable Minister of Transport, Liow Tiong Lai; the Honorable Deputy Minister of Transport, Aziz Kaprawi; Canada’s High Commissioner to Malaysia, Her Excellency Judith St. George; flymojo Chairman, Alies Anor Abdul; and Vice President, Sales, China and Asia-Pacific, Bombardier Commercial Aircraft, Andy Solem.
“With flymojo’s primary hub at Senai International Airport, Johor and secondary hub in Kota Kinabalu, Sabah, the airline’s 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 Kaprawi.
“In addition, 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 government’s initiatives in developing Iskandar Malaysia and the Southern Corridor,” said Aziz.
“We are confident that our model will resonate deeply with our passengers and that the use of the technologically advanced CSeries aircraft will transform the aviation industry in Malaysia and the region,” said Alies Anor Abdul, flymojo’s chairman.
Bombardier has now booked orders and commitments for 603 CSeries jets, which include firm orders for 243 aircraft.