NADI will own a 51 per cent stake in Malindo Airways, while the
balance of 49 per cent will be held by the Lion Grup. The airline
plans to initially fly to Kota Kinabalu in Malaysia as well as
destinations across Indonesia, Manila, Hanoi and cities in Australia
NADI is a major player
in Malaysia's maintenance, repair and overhaul (MRO) industry.
Companies under NADI group are Airod, Airod Aerospace Technology,
Airod Techno Power and Aerospace Technology System Corp, Sme
Aerospace and SME Ordinance.
Lion Air flies to 72 destinations with 600 daily departures. It also
flies to Singapore, Malaysia, Vietnam and Saudi Arabia while its
long-haul arm Batik Air will begin operations in March next year
with six Boeing 737s and five Boeing B787 Dreamliners.