discount airline model
Filed in archive Entrepreneurship on March 2, 2004
The discount airline model finally reaches south-east Asia. After he launch in Malayasia now Lim chin Beng the founder of Singapore Airlines goes after the market volume in the region. The best fact Lim Chin is 71 years old - he is a real serial entrepreneur!
" But at 71, does he not want to slow down?
He laughs at the suggestion, saying: 'The Singapore Government always says that we should not retire since we are short of people who have the experience.'"
He laughs at the suggestion, saying: 'The Singapore Government always says that we should not retire since we are short of people who have the experience.'"
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Tags: entrepreneurship discount model airline 2003 discount+airline airline+model venture+capital
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Response from:
Billy Loh
(08/29/05 4:25pm)
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We are looking for venture capital to start up a Low cost Airlines in Australia and maybe this can a great motivation for Mr Lim's challenge.
We strongly believe that there is a strong demand in Australia in the aviation industry taking into the account of the cultural and love for travelling and holiday.
We are all ready to go except for the funding. We required US $15m of which US7m is a buffer. We managed to raise US$5m. We have been working on this project for the last 3 years and have tied up with airport, staffing, leasing of plane etc(which all in our business plan)
If you can't provide me with Mr Lim's email address, I appreciate if you can convey the above message to Mr Lim for me.
Your assistant is highly appreciated.
Thank you.
Regards
Billy Loh