lion air group annual report
This forecast reflects the Company's current and preliminary views, which is subject to change, including any potential future impact of the COVID-19 pandemic, the effects of which are difficult to analyze and predict. Mr. Wang's diverse background and ample experience will be valuable in playing a key role to develop Lion's TRS trading business and provide insights in developing innovative products to serve the needs of our customers. Working closely with our colleagues at GECAS, explains PK AirFinances SVP & Manager, Shinji Sato, we were able to develop a structured transaction that meets the objectives of Lion Air, providing them a complete solution., GECAS has been a long-time lessor for Lion Air from its first Boeing classic to the new generation aircraft and now to the new technology aircraft of MAX & neo, states Edward Sirait, Lion Air Group CEO, and their ability to tailor a solution of this scale and support the expansion of the groups MRO unit, Batam Aero Technic, is one of the many reasons we have come to regard them as a business partner over the years., It was a great pleasure to be a part of this landmark transaction with GECAS and PK AirFinance, asserts KJ Yang, Korea Development Banks (KDB) Head of Aviation Finance Team. Our energy expertise spans from renewable wind energy to emission-reducing natural gas, as well as physical and digital solutions to modernize the grid connecting it all. Financial Report Selected; Stock Information; IR Schedule; Year Search. Lion Air Public Relations, Feb 22, 2023, 11:42 AM The Airline has successfully completed the operational Safety Audit and has entered into the IOSA Registry. "Lion Air to launch Malaysia-based budget airline", "Citilink regional expansion will further intensify competition between Garuda Indonesia and Lion Air", "Competition between Indonesian market leaders Lion and Garuda to intensify as Batik Air launches", "IATA: Lion's Batik Air to up the competition in Southeast Asia", "Thai Lion plans large expansion to capture Asian market", "Lion Air new Thailand affiliate plans late 2013 launch, providing new competition for AirAsia & Nok", "Indonesia domestic airline market: rapid growth, rivalry intensifies", "Who owns Lion Air and what do we know about its safety record? Dont miss out! In 2017, the Lion Air Group managed to surpass 50% market share domestically for the first time. You can change flight in your reservation. The Company believes that these measures provide useful information about its operating results, enhance the overall understanding of its past performance and future prospects, and allow for greater comparability with respect to key metrics used by its management in its financial and operational decision-making. and an expansive route network across Indonesia. The Company currently has a team in place in Ho Chi Minh City to support the expansion and will engage local enterprises as part of its promotion and marketing efforts. Creating the energy technologies of the future and improving the power networks that we depend on today. Hak Cipta Van der Schaar Investments B.V. Lion Announces Unaudited Full Year 2020 Financial Results - PR Newswire All Rights Reserved. Simply make a booking now to get the Best Flexible Rates and make your stay a memorable one. Change of plans? by Now you can book your flight with Lion Air and many convenient e-payment options. Heres what our network looks like, and you can be sure its gonna be exciting. The aviation industry in the Asia-Pacific region has shown robust growth in recent years. This would allow the group to further encroach on AirAsia's market share, as well as compete with local low-cost carrier Nok Air. Leveraging Lion's advanced technology infrastructure, the new service provides a fast, smooth, and economical channel that facilitates the purchase of Chinese stocks by international investors. This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Lion intends to leverage its competitive advantage as one of the few cross-border internet brokerages that offer TRS trading services to Chinese investors. 2. Jakarta. We connect capital to infrastructure and deliver innovative financial solutions that help make the world work better. Maximum baggage limit on boarding so that you know the maximum limit for carrying baggage on board so that it is not disturbed during the boarding process. Japanese Weasel Spirit, PK has arranged aircraft acquisition/disposition and/or financing for more than 120 airlines and all aircraft types. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. Subsequently, the Company received proceeds of an aggregate US$28.9 million in exchange for the issuance of 15.0 million ADSs as a result of investors' exercise of warrants. [2] The airline's name derived from a combination of the countries Malaysia and Indonesia. As a leading domestic airline and disciplined low-cost carrier, we offer flights to value-conscious customers who focus on price, frequency of flights, This website is owned and operated by Lion Air. With 50 years of aviation finance experience, GECAS offers a wide range of aircraft types including narrow-bodies, wide-bodies, regional jets, turboprops, freighters and helicopters, plus multiple financing products and services including operating leases, purchase/leasebacks, secured debt financing, capital markets, engine leasing, airframe parts management and airport/airline consulting. Lion Air is a subsidiary of PT. For the Full Year Ended December 31, 2020, Mr. Chunning (Wilson) Wang, CEO of Lion, commented: "Similar to other companies, our various business segments were adversely affected by the COVID-19 pandemic. Plus rcents. PT Lion Group is a privately owned, airline holding company, based in Indonesia. As other ASEAN countries contain competitive airline companies, such as Malaysia's AirAsia and Singapore Airlines, it will be vital for Indonesian airlines to be fully prepared to meet this competition. It's a self service! Select a solution, Get and quote, You're all set For Me For Me and My Family For Me Secure my carInsurance Get a Quote Book a Call Protecting My Income Get a Quote Book a Call Want To [] www.kdb.co.kr, GECAS Media Contact:James Luton+1 203 842 5887[emailprotected], GECAS and PK AirFinance Provide Lion Air Group Financing of 51 Aircraft. Lion's TRS trading business is currently growing steadily. In March 2021, Lion subscribed 64,500,000 shares of Grandshores at a total subscription price of approximately $3.5 million as its first investment into the blockchain field. Based on current market and operating conditions, the Company anticipates that all its businesses will recover from COVID-19 in June 2021. Our focus, however, has remained the same cost-efficient operations and an absolute commitment This website is owned and operated by Lion Air, Feb 27, 2023, 12:55 PM border:0; .entry-footer .byline{ display:none !important; } .entry-meta .byline{ display:none !important; } .entry-footer .posted-on{ display:none !important; } .entry-meta .entry-date{ display:none !important; } .entry-meta .date{ display:none !important; } .entry-footer .cat-links{ display:none !important; } .entry-meta .cat-links{ display:none !important; } .entry-meta .categories-links{ display:none !important; } .entry-footer .comments-link{ display:none !important; } .entry-meta .comments-link{ display:none !important; } .entry-footer .edit-link{ display:none !important; } .entry-meta .edit-link{ display:none !important; } In March 2021, the Company launched the sponsorship of two SPAC companies in cooperation with other parties. See "Liquidity" below. Our commitment to these attributes has resulted in our airlines success. 2007-2010. Who We Are; Corporate Governance . GE's dedicated team, leading technology, and global reach and capabilities help the world work more efficiently, reliably, and safely. Subscribe to receive the latest promotional fares and news of Lion Air. 21 of 2021 of the Ministry of Transportation concerning Guidelines for Implementing International Travel During the Corona Virus Disease Pandemic 2019 (Covid-19), Circular Letter No. Lion Air flies to more than 36 destinations, Select from a growing-range of exciting destination here. We are thrilled to continue our relationship with Lion Air Group and support their strong growth plans for the future, declares GECAS SVP & Manager, Clem McCloskey. Editorial Policy and Guideline Reference Tables, Sustainability Material Issues and Objectives for 2030, Results of the 2020 Sustainability Material Issues, Establishing Cleanliness and Hygiene Habits, Lion Group's Social Contribution Activities, Environmental Approach and Policy / Management, Environmental Objectives and Achievements, Environmentally Friendly Technologies in the Chemicals Business, Approach to Quality Assurance, Safety and Reliability, Reinforcing the Provision of Information to Customers, Promoting Sustainability with Materials Manufacturers and Production Contractors, Aiming for Sustainable Raw Material Procurement, Enhancing the Occupational Safety Management System, GRI Sustainability Reporting Standards 2016 Reference Table, Reference Table for United Nations Global Compact COP (Advanced Level August 2016 Version), Capital Expenditure, Depreciation and Amortization, etc, Articles of Incorporation / Share Handling Regulations, Share price info Share price via Yahoo Finance, Quarterly Financial Statements / Supplementary Materials. 2016-2020. The financing covers 21 Boeing 737-900ER's currently operated by Lion Air and 30 aircraft on order by Lion Air, including Boeing 737 MAX 8s and 9s as well as the Airbus A320/A321neo. Learn about governance at GE, including the latest Proxy Statement and information about the GE Board of Directors. (b=d([55356,56826,55356,56819],[55356,56826,8203,55356,56819]))&&(b=d([55356,57332,56128,56423,56128,56418,56128,56421,56128,56430,56128,56423,56128,56447],[55356,57332,8203,56128,56423,8203,56128,56418,8203,56128,56421,8203,56128,56430,8203,56128,56423,8203,56128,56447]),!b);case"emoji":return b=d([55357,56692,8205,9792,65039],[55357,56692,8203,9792,65039]),!b}return!1}function f(a){var c=b.createElement("script");c.src=a,c.defer=c.type="text/javascript",b.getElementsByTagName("head")[0].appendChild(c)}var g,h,i,j,k=b.createElement("canvas"),l=k.getContext&&k.getContext("2d");for(j=Array("flag","emoji"),c.supports={everything:!0,everythingExceptFlag:!0},i=0;i