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Air Taxi Business Investment Opportunity in Subang Jaya, Malaysia

Charter flight business for passengers travelling from Indonesia to Saudi Arabia.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Air Taxi
Locations  Subang Jaya
Local Time 6:34 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 12 million for 70.0% stake (Native Currency: USD 12,000,000)
Reason: To pay the deposit for leasing the 2 aircrafts ($8 million), set up an office and initial working ca... View More
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Business Overview

- A charter flight business based in Subang Jaya, Malaysia.

- Business is still in the pre-revenue phase.

- We are a registered business in Malaysia.

- The charter flight will be for Indonesian passengers who visit Saudi Arabia for Umrah.

- The flight will only travel from Indonesia to Saudi and back.

- Currently in the process of partnering with Sriwijaya Air. The AOC license will be leased from Sriwijaya Air.

- Sriwijaya Air will also be over-looking and assisting us in our operations.

- Last year, there were 1.1 million Umrah pilgrims from Indonesia according to the Ministry Republic of Religion.

- We will be leasing two 400 seater aircrafts.

- Expect to complete 6 flights per week throughout the year, except for 1 week in between end of Umrah season and Hajj season.

- Owner has previous experience in the aviation industry.

Products & Services Overview

Charter flight to transport Indonesian passengers who visit Saudi Arabia for Umrah.

Facilities Overview

Not available. Currently operating from a home office setup.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Kuala Lumpur, Accounting Firm connected with the Business
  • Earlier than 15 days
    Investor Relations Specialist, Québec City, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Investments, Jakarta, Corporate Investor / Buyer connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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