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Posted: 19 Oct 2012 | 6:00 am
Indonesia's low-cost airline Lion which made global news on it's record setting Boeing aircraft order is now setting it's sights on regional expansion.
The group is setting up a Malaysian based operation called Malindo Airways to service mainly short and medium haul flights.
News reports say that the airline will focus on cost parity similar to those of AirAsia.
Phuket is likely in the start up's plans as a key sector and the island will likely be a beneficiary of expanding airlift.
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CENTEL 37.00 - 0.75 %
DTC 62.00 + 4.00 %
ERW 5.15 0.00 %
GRAND 1.53 - 0.05 %
LRH 42.00 0.00 %
MANRIN 27.25 0.00 %
MINT 27.50 + 0.50 %
ROH 24.00 0.00 %
SHANG 63.00 - 1.00 %
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