MJets Continues Its Southeast Asia Expansion To Malaysia and Indonesia Partnering With Sersol

MJets Limited has signed an agreement with Sersol Berhad, as part of the Company’s latest venture into the private aviation industry, witnessed by Yang di Pertua Negeri of Melaka, Tun Seri Setia Dr. Haji Mohd Ali Bin Mohd Rustam. Under the agreement, the two companies will set up a Joint Venture Company that will offer world-class aircraft charter services, ground handling services, aircraft management and bring a fleet of private jets into Malaysia and Indonesia.

The local private aviation industry is set to see a brand new range of state-of-the-art private jet services with this JVC, which is expected to improve travel options at competitive prices following its entry into the market.

The Heads of Agreement was signed by MJets Chief Executive Officer, Natthapatr Sibunruang and Sersol Group Managing Director, Datuk Wira Justin Lim, and was witnessed by Yang di Pertua Negeri of Melaka, Tun Seri Setia Dr. Haji Mohd Ali Bin Mohd Rustam.

As reported in Newswires in March this year, the global private jet market growth rate is expected to surged due to the increase of travel demand. Over the forecasted period 2022-2030, with Asia-Pacific remaining one of the world’s largest markets.

The signing ceremony took place at the St Regis Kuala Lumpur.