 The Managing director of Coral Sea Express was reported to be David Charlton, who was also the CEO of SkyAirWorld.However this did not eventuate, and on 10 January 2008 SkyAirWorld announced that it would enter a joint venture with Indonesian airline Lion Air (to be called Lion Air Australia), to enable Lion Air to enter the Australian domestic airline market, and to serve routes between Australia and Indonesia.Australian media outlets reported that Lion Air was taking a 49% interest in SkyAirWorld under the joint venture.