#OD | Malindo Air

[Arkdriver]

C'mon Vince, you know it's a typo from our half cooked reporters. Who da hell wanna use 727 for their operation. Even cargo operators are giving them up. Please read thoroughly and have some sense of self correction.

[Vince]

Originally Posted by Arkdriver

C'mon Vince, you know it's a typo from our half cooked reporters. Who da hell wanna use 727 for their operation. Even cargo operators are giving them up. Please read thoroughly and have some sense of self correction.

I was starring in disbelief when I saw "727". Hey, don't chide me if this country keeps producing these half cooked reporters. Which news agency is he from anyway?

[dengilo]

I thought "malindo" was the late sukarnos vision of malaya before malaysia?Then again i could be wronglah

[dcOhiney]

Originally Posted by Vince

I was starring in disbelief when I saw "727". Hey, don't chide me if this country keeps producing these half cooked reporters. Which news agency is he from anyway?

hahaha, knew this was coming..

[Khaw]

Originally Posted by daniu79

MALaysia-INDOnesia ...so Malindo
good news for budget flyers....but why 727??

typo... 727s are extinct. can still buy them at the airplane graveyards located around Californian desert for cheap... maybe 20 for the price of one 737-900, but need to sacrifice many times more on fuel usage. but, imagine the frequency and network possibilities.

[patchay]

Kindly take note there is no 727 in Lion Air's fleet.

In fact most are the latest version: B737-900ER.

[rizalhakim]

Originally Posted by sembilanbelas

Tetep pake logo singa angop. Kenapa gak pake brand yang sama, Lion Air, seperti AirAsia.

@indoflyer

Malindo Airways to take off in May 2013
http://www.btimes.com.my/Current_New...#ixzz26F2AA5mV

[downsouth]

Originally Posted by dengilo

I thought "malindo" was the late sukarnos vision of malaya before malaysia?Then again i could be wronglah

the word Malindo is currently use as a cooperation agreement between the government of Indonesia and Malaysia for social and economic activities in bordering areas in West Kalimantan (ID) and Sarawak (MY). Newspaper in Indonesia always quoted it as Kerjasama Sosek Malindo (Malaysia Indonesia Social & Economic Cooperation).

With Malaysia and Indonesia's largest low-cost carrier setting up base in the two countries, a see a vision that one day travelling between cities between the two countries are just as common as domestic flights in each country.

[CxIxMaN]

looking at this picture, I am pretty sure the 727 statement is a mistake. Dont be too worried.

[Arkdriver]

they can start operation in May, if AOC issuance can be done in stipulated time (before commencing services) but i highly doubt KLIA2 are usable by then. Lots of work to do. I think KLIA2 will likely to be fully operational end of next year the soonest.

[SgWay]

Hybrid low cost airline?

Its good we have a second pillar in the malaysian alow cost aviation industry just in case the red ponzi scheme goes bust.

Pity mas could not make the move first.

[johan is]

Malindo Airways penerbangan murah kedua Malaysia
http://www.utusan.com.my/utusan/Ekon...kedua-Malaysia

Oleh AZMAN IBRAHIM

KUALA LUMPUR 11 Sept. - Malaysia akan mempunyai sebuah lagi syarikat penerbangan tambang murah iaitu Malindo Airways yang akan memulakan operasinya Mei tahun depan.

Malindo Airways merupakan sebuah syarikat penerbangan kerjasama antara National Aerospace & Defence Industries Sdn. Bhd. (NADI) dari Malaysia dan P.T. Lion Grup dari Indonesia.

NADI akan menguasai sebanyak 51 peratus kepentingan dalam Malindo Airways, manakala selebihnya daripada P.T. Lion Grup.

Buat permulaan, sebanyak 12 pesawat Boeing 737 dijangka beroperasi di bawah Malindo Airways yang menghubungkan kota-kota besar Indonesia ke Kuala Lumpur.

Kuala Lumpur akan digunakan sebagai pusat penerbangan ke negara-negara ASEAN dan Asia.

Pengarah Presiden P.T. Lion Grup, Rusdi Kirana berkata, Malindo Airways akan berpangkalan dan beroperasi di KLIA2, Sepang, Selangor.

Katanya, selain Kuala Lumpur, Bali di Indonesia juga akan dijadikan sebagai pusat penerbangan Malindo Airways ke Australia.

“Jadi, para penumpang dari KLIA2 boleh menggunakan Bali sebagai transit ke Australia," katanya.

Beliau berkata demikian pada taklimat media selepas menandatangani perjanjian kerjasama di antara NADI dengan P.T Lion Grup di sini hari ini.

Hadir pada majlis Presiden NADI, Tan Sri Ahmad Johan. - UTUSAN

[johan is]

Penerbangan Malindo Airways

Oleh AZMAN IBRAHIM
ekonomi@utusan.com.my
http://www.utusan.com.my/utusan/Ekon...alindo-Airways


KUALA LUMPUR 11 Sept. - Malaysia akan mempunyai sebuah lagi syarikat penerbangan tambang murah, Malindo Airways yang akan memulakan operasinya pada 1 Mei tahun depan.

Malindo Airways merupakan sebuah syarikat penerbangan baru hasil kerjasama antara National Aerospace & Defence Industries Sdn. Bhd. (NADI) dari Malaysia dan PT Lion Grup dari Indonesia.

NADI akan menguasai sebanyak 51 peratus kepentingan dalam Malindo Airways, manakala selebihnya daripada PT Lion Grup.

Buat permulaan, sebanyak 12 pesawat Boeing 737 dijangka beroperasi di bawah Malindo Airways yang menghubungkan bandar-bandar besar Indonesia ke Kuala Lumpur.

Menurut syarikat itu, Kuala Lumpur akan digunakan sebagai pusat penerbangan ke negara-negara ASEAN dan Asia, termasuk ke Thailand, China, India dan Filipina.

Pengarah Presiden PT Lion Grup, Rusdi Kirana berkata, Malindo Airways akan berpangkalan dan beroperasi di KLIA2, Sepang.

Katanya, selain Kuala Lumpur, Jakarta dan Bali di Indonesia juga akan dijadikan sebagai pusat penerbangan Malindo Airways ke Australia.

"Jadi, para penumpang dari KLIA2 boleh menggunakan Jakarta dan Bali sebagai transit ke Australia," katanya.

Beliau berkata demikian pada taklimat media sempena majlis menandatangani perjanjian kerjasama di antara NADI dengan PT Lion Grup di sini hari ini.

Majlis itu disaksikan oleh Perdana Menteri, Datuk Seri Najib Tun Razak.

Hadir sama Menteri Pengangkutan, Datuk Seri Kong Cho Ha, Pengerusi NADI, Tan Sri Mohamed Hashim Mohd. Ali dan Presiden NADI, Tan Sri Ahmad Johan.

PT Lion Grup merupakan kumpulan bagi syarikat-syarikat penerbangan Lion Air, Wings Air dan Batik Air.

Manakala NADI adalah merupakan syarikat penggiat utama penyelenggaraan, pembaikan dan baik pulih (MRO) dalam negara.

Ketika ditanya adakah Malindo Airways diwujudkan untuk menyaingi AirAsia, Rusdi menjawab, syarikat penerbangannya adalah berbeza kerana ia berada di kelas pertengahan.

Jelasnya, pihaknya mahu menawarkan kadar tambang yang lebih murah berbanding syarikat pesaing yang lain.

Menurut beliau, bukan setakat tambang murah, pihaknya juga akan menawarkan penerbangan yang lebih selesa kepada para penumpang dengan kemudahan hiburan dalam penerbangan, WiFi dan ruang tempat duduk yang lebih selesa.

Selain itu, Malindo Airways turut menawarkan tempat duduk kelas perniagaan.

Ditanya sama ada Malindo Air akan memperkenalkan laluan penerbangan domestik di Malaysia, Rusdi berkata, buat permulaan, pihaknya turut merancang penerbangan dari Kuala Lumpur ke Kota Kinabalu, Sabah.

Katanya, bilangan destinasi penerbangan domestik Malaysia akan bertambah dari semasa ke semasa.

Mengenai perkembangan lain, Rusdi berkata, pihaknya akan menambah sebanyak 12 pesawat Malindo Airways setahun dan menjadikannya kepada 100 buah pesawat dalam tempoh 10 tahun akan datang.

[szehoong]

Originally Posted by dengilo

I thought "malindo" was the late sukarnos vision of malaya before malaysia?Then again i could be wronglah

The closest reference of Malindo I could think of is Maphilindo which is some sort of a pre-Asean grouping kinda thing which consist of Malaysia, Philippines and Indonesia. My history are getting rusty hehehe

[Vince]

Originally Posted by dcOhiney

hahaha, knew this was coming..

Yes, Mr Perfect?

[Arkdriver]

They could do better with the name. I really wish it's Lion Air Malaysia. What are they thinking? Such absurd name.

Hybrid or not, when the time comes we'll see.

[maafcakap]

what i understand from all article, does it means malindo only serve international routes. how about routes within malaysia ?

[nazrey]

AirAsia down after Malindo launch
Published: 2012/09/12
http://www.btimes.com.my/Current_New...cle/index_html

Shares in AirAsia Bhd fell as much as 5 percent in early trading on Wednesday, following the launch of the Malaysia-based rival budget airline, Malindo Airways.

Malindo, will start flying in May next year between Malaysia and Indonesia. Lion Air has a 49 percent stake in the airline, a joint venture with Malaysia’s privately held National Aerospace & Defense Industries Sdn Bhd, which holds the majority 51 percent.

“The immediate impact to AirAsia will be the contraction of its profit margin due to a potential price war,” said Kenanga Research in a note on Wednesday.

It added that AirAsia is likely to be able to make up for any price cuts through other income streams and the wide connectivity within the AirAsia Group.

“We are neutral on this news as we do not see Malindo as a threat for AirAsia in the near term,” it added.

AirAsia Chief Executive Tony Fernandes downplayed the potential competition from Malindo Airways in local news reports.

At 0928 am, AirAsia was down 4.7 percent at RM3.04, after touching a low of RM3.03, while the benchmark composite index was down 0.12 percent at 1612.73. -- REUTERS

Storm clouds in horizon for AirAsia
By Bilqis Bahari Published: 2012/09/13
http://www.btimes.com.my/Current_New...cle/index_html



Budget carrier AirAsia Bhd's market value shed nearly half a billion ringgit yesterday after the entry of a low-cost carrier Malindo Airways.

AirAsia's shares fell 17 sen to close at RM3.02 yesterday, amid views that Asia's largest budget carrier will come under heavy pressure when Malindo Airways starts operations in mid-2013.

AirAsia had a market value of RM8.39 billion as of yesterday. It was among the most active stocks with a total of 42.69 million shares traded.

OSK Research analyst Ahmad Maghfur Usman said as Malindo Airways' scale of operations grows, competition between the two airlines will only intensify.

He said Malindo Airways has an advantage in its cost structure as its new generation Boeing B737-900s will have a seating capacity of 220, compared with AirAsia's 180 seats.

Its costs will also be more competitive as maintenance, repair and overhaul (MRO) services will be done by its majority shareholder National Aerospace and Defense Industries Sdn Bhd's (NADI) subsidiary, Airod.

"Nonetheless, competition is good for consumers and will further stimulate the demand for low-cost travel," Maghfur said in a report.

Maybank Investment Bank (Maybank IB) analysts Wong Chew Hann and Chai Li Shin said AirAsia's cost advantage has narrowed with the entry of Malindo Airways.

"Yields are set to decline and profit contribution from AirAsia's biggest market will recede," they said.



They added that Malindo Aiways scores higher on value proposition as it will offer complimentary frills such as bigger seats, light snacks, in-flight entertainment and aerobridge for passengers.

OSK Research has maintained its "buy" call on AirAsia with a target price of RM4.10, while Maybank IB has placed the stock under review with a target price of RM3.36.

"While we are confident of AirAsia's strong business foundation and its ability to fend off competition, as history can tell, we are concerned about the sustainability of its industry-leading profit margins.

"We maintain our earnings forecasts and target price pending firm dates on when (Malindo Airways) operations will start and how many aircraft will be deployed," Wong and Chai said.

They said Malaysia Airports Holdings Bhd (MAHB) will also be a primary beneficiary of the new joint-venture airline between Nadi and Indonesian conglomerate PT Lion Grup, which operates Lion Air.

Malindo Airways will promote higher traffic volumes and, hence, better earnings prospects for MAHB, they added.

"The additional traffic growth will translate into higher utilisation rates and fuel profit growth at MAHB. Furthermore, Malindo Airways has publicly announced that they will use the aerobridges (at KLIA2), which is an additional revenue stream for MAHB," they said.

Malindo Airways could become an anchor tenant for the new low-cost carrier terminal, KLIA2, within the next four or five years should its planned 12 aircraft deliveries per year materialise, said Wong and Chai.

MAHB's share price rose to RM1 to close at RM5.33 yesterday.

Maybank IB and OSK Research have a "buy" tag on MAHB with target prices of RM6.90 and RM7.53, respectively.

As for Malaysia Airline System Bhd (MAS), Maybank IB said there will be a minimal impact on it as Malindo Airways focuses on different core clientele targets.

MAS is focused on premium passengers while Malindo and AirAsia target budget-conscious passengers.

MAS' share price closed unchanged yesterday at RM1.01.
Both OSK Research and Maybank IB maintained their "buy" call on MAS with target prices of RM1.38 and RM1.20, respectively.

Malindo Airways is poised to start operations with a fleet of 12 Boeing 737-900ER planes, before expanding to 100 aircraft in 10 years.

The new airline plans to offer flights within Malaysia and Indonesia, as well as to Thailand, China, India, Japan and Australia.

Nadi will own a 51 per cent stake in Malindo while the Lion Group will own the balance of 49 per cent.

[nazrey]

Lion Air takes the fight to Malaysia
Published: 2012/09/12
http://www.btimes.com.my/Current_New...cle/index_html

PT Lion Mentari Airlines, the Indonesian carrier that placed a record order with Boeing Co this year, is extending its challenge in Southeast Asia’s budget travel market to Malaysia, the home of rival AirAsia Bhd.

Lion Air-backed Malindo Airways will sell tickets at prices matching “or maybe lower” than AirAsia’s, Lion Air President Director Rusdi Kirana said in Selangor near Kuala Lumpur yesterday. It will begin services in May and plans to fly to countries including Thailand, China, India, Japan and Australia, besides operating in Indonesia and Malaysia.

Lion Air’s Malaysia entry follows AirAsia Group Chief Executive Officer Tony Fernandes’ decision to relocate to Jakarta in June to focus on regional expansion. The move pits Boeing’s record customer against the biggest buyer of Airbus SAS narrow-body planes as Lion Air and AirAsia compete for budget travelers in Asia. The region’s total air travel may grow 6.4 percent a year through 2031, spurred by economic growth, according to Boeing.

“Lion Air may be doing this more in response to AirAsia expanding into its own turf in Indonesia,” said K Ajith, head of regional aviation at UOB Kay Hian Research in Singapore.

Malindo Airways may have about 100 planes within a decade, Ahmad Johan, president of National Aerospace & Defence Industries Sdn Bhd, told reporters yesterday at an event attended by Malaysian Prime Minister Najib Razak. National Aerospace, in which Malaysia’s finance ministry holds a minority stake and a golden share, will own 51 percent of the new airline, with Lion Air holding the rest.

[razpatrol99]

Originally Posted by Arkdriver

They could do better with the name. I really wish it's Lion Air Malaysia. What are they thinking? Such absurd name.

Most probably because of Lion Air still being banned from flying to EU?? If they have a plan to fly to EU definately its a big no-no. I mean they even create a new subs i.e Batik AIr to capture long haul market from Indonesia to oversea.