The story
The airlines was founded in mid-2003, and were planned to operate, but due to low passenger, the project becoming delay on September 2003.
In November 2004, Ked-Air was purposed to start its operations on 20 January 2004. It was also seeking to buy defunct Malaysian airline Pelangi Air.
From Wikipedia’s article on Ked-Air, shared under CC BY-SA 4.0.3