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Lion Air Contemplates IPO


Lion Air has started preparing for an initial public offering which may occur later this year. If it elects to pursue an IPO, the Jakarta-based airline will seek a $1 billion valuation from investors.

In July, the company added its first Airbus A330-900 aircraft through a lease agreement with BOC Aviation, becoming the first Asian operator to fly an A330neo.

Source: Bangkok Post

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