Lion Air Nearing IPO Decision
@lionairgroup @LionAirID Lion Air will probably pursue a valuation as high as $1 billion.
Lion Air Contemplates IPO
@lionairgroup @LionAirID Lion Air will likely aim for a $1 billion valuation.
Lion Air Receives First A330neo
@Airbus @LionAirID @lionairgroup Airbus delivered Lion Air’s first A330-900.
Boeing Faced with Cancellation of over 200 Aircraft from Lion Air
Boeing is faced with a potential cancellation of more than 200 units from its long-term partner and customer Lion Group. The reason for that is based on the response issued by the manufacturer concerning the crash of flight JT610. Lion Air founder Rusdi Kirana explained that his trust in the company has faded and that he is ready […]
Lion Air Group and Chorus Aviation Lease Agreement
Aircraft Lessor Chorus Aviation and Lion Air Group have officially signed an agreement for the lease of four new ATR72-600s. The first aircraft will be operated by Lion Air Group beginning 4Q18, while the remaining three will be delivered in the first and second quarter of next year. Airlines that are part of the Lion […]
Lion Air Group and Boeing in Deal for 50 737 MAX 10s
Lion Air Group has announced the signing of a deal with Boeing worth $6.24 billion for the acquisition of 50 of the manufacturers’ 737 MAX 10s, marking the biggest order for the model. The carrier will add to its fleet one of the market’s top and fastest-selling aircraft, with significant benefits added such as fuel […]
Lion Air Group to Grow Fleet by 36 Aircraft
Lion Air Group is expecting the delivery of a total of 36 aircraft that will be distributed between its airline members. The Group President & Director Edward Sirait confirmed that all planes are ready to be delivered and the company has to decide when it is economically viable to welcome them. 20 of the new planes are ATR 72-600s […]