Lion Air general director Edward Sirait confirmed Malindo Airways is scheduled to launch operations from Mar-2013, according to a indo-aviation.com report. The carrier is 49% owned by Lion Air, with the majority shareholding held by Malaysia’s National Aerospace & Defence Industries (NADI). The carrier will be based in Malaysia and plans to have a fleet of 10 Boeing 737s in operation by the end of 2013.
Malindo Airways to launch service in Mar-2013
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None of Lion Group’s five airline subsidiaries or affiliates added more than five aircraft in 1H2016, resulting in relatively modest capacity expansion. The rate of expansion will likely pick up in 2H2016 but not approach previous levels.
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