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Naim

MAS Will Launch A New Airline, "Firefly"

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Official at last.

 

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March 14, 2007 15:33 PM

 

MAS Will Launch A New Airline, "Firefly"

 

KUALA LUMPUR, March 14 (Bernama) -- Malaysian Airline System Bhd (MAS) will launch a new airline, to be known as "Firefly," which will begin operation in early April, it said today.

 

For a start, Firefly will operate with two Fokker F50 aircraft and fly twice daily services out of Penang International Airport to Kota Bahru, Langkawi, Kuantan and Kuala Terengganu, plus daily services to Phuket and Koh Samui in southern Thailand.

 

In a circular to Bursa Malaysia, MAS said Firefly will be run by wholly owned subsidiary Flyfirefly Sdn Bhd (formerly known as Kelas Services Sdn Bhd), which has been issued the Air Services Licence and Air Operator's Certificate by the Civil Aviation Department.

 

Firefly will be managed by a separate management team, it added.

 

-- BERNAMA

 

 

Addition (from BT):

 

FlyFirefly has been issued the Air Services Licence and Air Operator’s Certificate by the Civil Aviation Department effective March 17 2007.

Edited by Naim

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MORE NEWS ...

 

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MAS To Launch A New Airline, "Firefly"

 

PUTRAJAYA, March 14 (Bernama) -- Malaysian Airline System Bhd (MAS) will launch a new airline, Firefly, which will begin operation in early April, its managing director and chief executive officer Idris Jala said today.

 

For a start, Firefly will operate with two Fokker F50 aircraft and provide twice daily services out of Penang International Airport to Kota Bahru, Langkawi, Kuantan and Kuala Terengganu, plus daily services to Phuket and Koh Samui in southern Thailand with one-way ticket price starting from RM9, he said.

 

These routes are currently not served by MAS or other airlines, he told a press conference at the Transport Ministry here.

 

Firefly's routes will complement MAS' network connectivity and broaden its reach. The venture is also expected to boost MAS' revenue and targets, he added.

 

Asked whether it is a low cost carrier, Jala said: "We would like to call it a community airline with a low cost base. It will be a profitable venture."

 

He expects Firely to break even in its first year of operation and start making a profit from next year. And there is no subsidy from the government, he said.

 

On suggestions that there are already a number of low cost airlines in the region, Jala said: "If you look at what is happening in Europe and the US (aviation markets) you will see there is still room for new entrants in Asia."

 

On investment in Firefly, he would only say: "It is a small amount of money."

 

In a circular to Bursa Malaysia earlier, MAS said Firefly will be run by wholly owned subsidiary Flyfirefly Sdn Bhd (formerly known as Kelas Services Sdn Bhd), which has been issued the Air Services Licence and Air Operator's Certificate by the Civil Aviation Department effective this Saturday.

 

Firefly will be managed by a separate management team.

 

Jala, who declined to reveal much of the details, said there will be a separate managing director for Firefly and some MAS staff will be seconded for a start, but eventually the new company will recruit its own staff.

 

-- BERNAMA

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De ja vu ....Pelangi air.

 

So, what has changed with Firefly that wasn't there with Pelangiair, to make it work? Fully-depreciated aircraft?

 

So, Asmara Air is buried for good?

 

 

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Also, website is flyfirefly.com....currently just an image of ....you guessed it, fireflies!

 

Can try another possibility: www.firefly.com.my

 

:)

 

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It seems they are targeting at the short haul tourist destinations which is good. Finally we have the opportunities to try out F50 in Peninsular Malaysia at affordable price.

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If not mistaken, one of MWingers here had guessed it right about the name some times ago right

Wow..Starting from9 ..and Langkawi!

 

Yup... are we talking about royalty now..? eheheheee...... who would have thought... firefly is now coined as the new airline name... :)

 

 

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MORE DETAILS ...

 

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The Edge Daily

 

14-03-2007: MAS to launch Firefly (Updated)

By Jimmy Yeow & Isabelle Francis

 

 

Malaysian Airline System Bhd (MAS) is launching a no-frills low cost carrier next month to be branded as "Firefly", with fares starting from as low as RM9.

 

The new service will use Penang as its operations base and hub, initially serving mainly destinations in northern Peninsular Malaysia and southern Thailand.

 

Firefly will link Penang to Phuket and Koh Samui seven times a week as well as Kuantan, Kuala Terengganu, Kota Baru and Langkawi 14 times weekly.

 

The airline will be operated by MAS' unit FlyFirefly Sdn Bhd, formerly Kelas Services Sdn Bhd.

 

MAS managing director Idris Jala described the new carrier, which will initially operate two Fokker 50 that seats 50 passengers each, as a "community airline with a low cost structure."

 

“We felt we would not be able to do this with MAS with its current business model.

 

"Firefly is a profitable venture and win-win for the government and community serving routes not served by MAS,” he told reporters after Transport Minister Datuk Chan Kong Choy announced the impending launch of the new carrier in Putrajaya on March 14.

 

Chan also presented the Air Services Licence and Air Operator's Certificate issued by the Department of Civil Aviation Malaysia to Idris.

 

Idris said the budget carrier would not cannibalise MAS’ current services as they served two different markets. “We are able to segregate the two markets,” Idris added.

 

He dismissed suggestions that the budget airline scene in the region was crowded saying that there was still room for new players.

 

Idris added that Firefly would be able to increase MAS' connectivity and play a complementary role to its parent company.

 

Asked how soon the budget airline would be able to make money, he said: “We expect between now and one year, it would be on a break even keel and the following year we should be able to make money. There is no subsidy from the government.”

 

Idris said he would not be distracted from his current task of turning around MAS, as a new managing director would be appointed to manage Firefly.

 

He said for a start, some staff from MAS would be seconded to the new outfit but Firefly would later have its own staff and a different structure.

 

“It is important that we develop this new model differently and we may even introduce some of the experience in operating the new budget airline into MAS later,” he added.

 

Idris said more details would be announced at a launch event in Penang on March 17.

 

He said the idea of the new airline came about during MAS' discussions with the government on improving the tourism sector in Malaysia.

 

Chan said the new service was expected to enhance Malaysia’s air services.

 

“Apart from the Penang-Langkawi route, the other routes given to Firefly are not served by any other carriers at the moment,” he said.

 

“I hope that in the long term, the new service will be able to contribute to the growth of the Indonesia-Malaysia-Thailand Growth Triangle (IMG-GT),” he added.

 

Meanwhile, analysts believe the new service would help the national carrier's profitability due to its low capitalisation and fast aircraft turnaround model.

 

MIMB research analyst Pong Teng Siew said: “The average utilisation is five times daily per aircraft. That is even higher than AirAsia’s, which is four times daily.

 

“Firefly’s model has a fast aircraft turnaround. Average load factor would likely be above 70%. Firefly could even offer full-services using a low cost structure (versus less-frills services offered by budget airlines),” he added.

 

Additionally, Pong said Firefly could leverage on shared ground services and equipment with MAS. “If it goes well, Firefly can make money and could even break even in its first year.”

 

However Pong said in the foreseeable future, with Fokker 50 planes, Firefly could only extend its services and fly to limited destinations, naming Medan as a possible destination.

 

On the rivalry between budget carrier AirAsia Bhd and Firefly, analysts said competition would be “marginal” as AirAsia currently flew to only six destinations from Penang.

 

The six destinations are Bangkok, Johor Bahru, Kota Kinabalu, Kuala Lumpur, Kuching and Medan, while FireFly will fly to Kota Bahru, Kuantan, Kuala Terengganu and Langkawi as well as Phuket and Koh Samui.

 

“Most of AirAsia flights are from Kuala Lumpur, Kuching and Kota Kinabalu.

 

“If perhaps Penang is going to be AirAsia’s fourth hub, it would still be small. Also with Fokker 50, MAS cannot fly to the destinations (that AirAsia is flying to now),” said an analyst.

 

http://www.theedgedaily.com/cms/content.js...ce0000-510b81e6

 

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Wonder how they get their name, I bet when they were browsing Firefox...

 

No matter what, I love it :good: At least, it's much better than Fax :lol:

 

Looking forward to an 'interesting' colourscheme :pardon:

 

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Waaaayyyyyy much better than Asmara Airlines (Asmara = Romance).... where's the significant in that...?? Romance airlines... yuck!

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Wow, that's a reasonable price, RM9 for a one way ticket :) ;)

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Wonder how they get their name, I bet when they were browsing Firefox...

 

Apparently firefly is oddly one of the tourist attractions for the district of Kuala Selangor, specifically in Kampung Kuantan.

 

http://www.journeymalaysia.com/MR_kampungkuantan.htm

 

Unique, this firefly creature. And a catchy name for a brand as well.

Edited by ewan shamsudin

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i guess it wouldn't have been because of a firefly...

perhaps it's a rojak of two words which brings quite a big meaning fire & fly.

perhaps a blazing start from them?

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Also, website is flyfirefly.com....currently just an image of ....you guessed it, fireflies!

 

Been there.... hmm... more like a cyber-squatting to me....

 

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