Flymojo Signs LOI For 20 CS100

Malaysian start-up flymojo has signed a letter of intent (LOI) with Bombardier to buy 20 CS100 aircraft, worth $1.5bn at list prices.

Malaysian start-up flymojo has signed a letter of intent (LOI) with Bombardier to buy 20 CS100 aircraft, worth $1.5bn at list prices.

Flymojo, which was launched on Tuesday (March 17), has also signalled interest in taking out options for an additional 20 aircraft.

The airline, which will be based out of Johor Baru and Kota Kinabalu, will begin flying in Q1 2016 and will focus on regional routes.

TAGS: Asia Pacific
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