New Carrier, flymojo, Announced At Malaysia's Langkawi International Maritime & Aerospace Exhibition (LIMA)

Bombardier Commercial Aircraft and Fly Mojo Sdn Bhd have signed a Letter of Intent (LOI) for the sale and purchase of 20 CS100 aircraft with options for an additional 20 CS100 aircraft.

The announcement was made in parallel with the Government of Malaysia's announcement at LIMA on a new airline, flymojo, which will be based out of Johor Bahru, Johor and Kota Kinabalu, Sabah.

Upon execution of a firm purchase agreement, flymojo is expected to become the first customer and operator of the CS100 aircraft in the region.

Based on the list price of the CS100 aircraft, a firm order would be valued at approximately $1.47 billion, and could increase to $2.94 billion, should flymojo exercise all its options.

At the LOI signing ceremony, flymojo was represented by Managing Director, Janardhanan Gopala Krishnan and Bombardier Commercial Aircraft by Regional Vice President, Sales, Asia-Pacific, Frank Baistrocchi.

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.

"The announcement of a new airline in Malaysia is an exciting way to kick off LIMA. 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 Deputy Minister of Transport, Aziz 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. Further strengthening Kota Kinabalu's standing as a gateway into Malaysia, flymojo will also boost tourism into Sabah and Sarawak," added Deputy Minister Aziz.

"On behalf of the Government of Canada, I would like to congratulate Malaysia's flymojo and Bombardier Commercial Aircraft as they work together to bring the CSeries aircraft to Malaysia and the ASEAN region," said the Honorable Ed Fast, Minister of International Trade, Government of Canada. "As the travel needs in the region increase, Canada is committed to supporting the growth of economic ties between our two countries. As Minister of International Trade, I am pleased to see a Canadian company growing through exports, creating jobs and prosperity for all Canadians."

"With its strategic market footing and unique operations, flymojo is an ideal match for the all-new CS100 jetliner," said Mike Arcamone, President, Bombardier Commercial Aircraft. "The CSeries family of aircraft will enable new airlines such as flymojo to cover markets efficiently thanks to its exceptional economics, operational flexibility and widebody comfort, coupled with an unmatched environmental and noise footprint."

(Image provided by Bombardier)

FMI: www.bombardier.com