Malaysia's aviation market is set to undergo its biggest shake-up in years, and it could get bloody: Indonesia's largest low-cost carrier, Lion Air, aims to establish an affiliate airline in Malaysia, taking the challenge to AirAsia and potentially sparking a costly price war. Lion Air's first overseas affiliate carrier, Malindo Airways, will operate domestically and internationally. The aim is for Malindo to have a fleet of 50-60 aircraft in 10 years, says Lion's president director, ...

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