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,
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