December 6, 2011 on: General

The Bodi Group is set to launch its new domestic airline, Mongolian Airline.

The move has been rumored over the past few weeks but is only now being slowly confirmed by Bodi. Some believe that the airline will begin operations with a single Fokker 50 currently on lease from Nordic Aviation Capital, which arrived in Ulaanbaatar at Chinggis Khan Airport on 10 November, and gradually increase its fleet to four aircraft. Aero Mongolia, a former domestic arm of MIAT before it was sold to the Monnis Group in 2001, also flies Fokker 50s. Possibly, Mongolian Airlines chose the same type of aircraft to reduce maintenance costs and the need for a diversified, permanent inventory in Mongolia. The move will return MIAT to the domestic scene and position Mongolian Airlines as a direct competitor to its old subsidiary company Aero Mongolia. The domestic flights market has become increasingly more competitive in recent years, as Eznis now dominates. Mongolia has some of the most expensive fairs for air travel in the world, not to mention being least accessible as it suffers from an acute shortage of international flights to capital cities at reasonable hours. These limitations may hinder economic growth within the country by restricting flights to only Mongolia's wealthiest class. The rumor is Bodi and MIAT have an agreement, effectively giving Bodi a foot in the door to make the most of the upcoming privatization of MIAT in coming years to buy up the company at a bargain.

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SOURCE OF THIS ARTICLE : Business Council of Mongolia

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