New airline Flymojo no threat to AirAsia

As Flymojo operates in the full-service segment, the new airline is not seen as a near-term threat for AirAsia, says RHB Research.

PETALING JAYA: Aviation analysts are not overly concerned about the potential threat from the newly established airline Flymojo to AirAsia Bhd as the newcomer caters to a fraction of the market.

Flymojo, which is operated by Flymojo Sdn Bhd, is understood to be a fully Malaysian-owned. The new airline will be based out of Johor Baru and Kota Kinabalu and will start operations in the third quarter of this year,