Indonesian low-cost carrier Lion Air and Malaysian travel conglomerate Berjaya Group have abandoned plans to enter Malaysia’s low-cost carrier market, and AirAsia’s investment in flag carrier Malaysia Airlines (MAS) may be one of the reasons. Lion Air and Berjaya announced in early June that they planned to transform Berjaya Air, a small turboprop operator, into a low-cost carrier operating ATR 72-500s and Boeing 737-900ERs. Lion Air was to own 49% of the airline, they said at the time. ...


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