in millionsall airlines in the table above - except for Garuda Indonesia and Indonesia AirAsia - are banned from flying to the Eurozone due to safety concernsSource: Investor Daily, General EnquiriesEmail: info@lionair.co.id, Customer CarePhone: +62 21 6338345 Fax : +62 21 633 5669 Email: customercare@lionair.co.idwww2.lionair.co.id, Kolom dan analisis terperinci tentang sektor, perusahaan dan komoditas Indonesia, Update terbaru berita ekonomi, politik dan sosial, Untuk gagasan investasi dan mewujudkannya, The Villagers of Subak Bakung Transform the Future of Tourism with Kaura, Bali, Consumer Price Index (CPI) of Indonesia: Modest Inflationary Pressures in January 2023, Bank Indonesia Raises Its Key Interest Rate to 5.75%, Rupiah Rate Rebounds in January 2023, Manufacturing Activity of Indonesia Accelerates Modestly in January 2023, Indonesian Health Minister Urges World Health Organization to Revoke COVID-19 Pandemic Status, Jakarta; Soekarno-Hatta International Airport. Additional information may be found at http://ir.liongrouphl.com. Stay up to date with the latest resources for the planned spin-offs. Lion Dairy & Drinks Lion Beer Australia Lion New Zealand Lion Little World Beverages Our History. Beat the queue and check-in with our web, easy and fuss-free online check-in. You can change flight in your reservation. UNAUDITED SUMMARY OF CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS DATA, Net cash provided by operating activities, Net cash provided by financing activities, Cash and restricted cash at beginning of year, UNAUDITED RECONCILIATIONS OF NON-GAAP AND GAAP FINANCIAL RESULTS, Non-GAAP (loss) income before stock-based compensation and amortization of debt discounts, (i) Share and per share data have been retroactively restated to give effect to the reverse recapitalization, Non-GAAP (loss) earnings per share for both Class A andClass B (before stock-based compensation and amortization ofdebt discounts), Cision Distribution 888-776-0942 The Korea Development Bank (KDB"), founded in 1954, is a largest government-owned policy bank in Korea. We are pressing ahead with our digital transformation, and digital innovation is opening up unimaginable opportunities for our customers. With the expansion of regional rival AirAsia into the Indonesian aviation market, the Lion Group established Malindo Air in 2012, to compete with AirAsia in the Malaysian aviation market. been involved with The Lion Group for more than 25 years, primarily in The Lion Group's Property Division. . Futures and securities brokerage services. You will be redirected to the Korean air main page. Super Air Jet (47 aircraft) Thai Lion Air (12 aircraft) Wings Air (69 aircraft) Headquarters. " /> The Company expects to bring in new talent with SPAC experience to help advance this business segment in 2021. Offering a suite of products to help unlock the full potential of additive manufacturing. 2021-2025. You can change flight in your reservation. 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. 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. Financial Results. Shortly after, Lion signed a framework partnership agreement with Grandshores. Read the latest GE financial news releases and stories. Words From Usages, This press release includes reconciliations of the most comparable financial measures calculated and presented in accordance with accounting principles generally accepted in the U.S. ("GAAP") to non-GAAP financial measures. 343 Aircraft (+ 10 On Order/Planned) Average Fleet Age 1. Words From Usages, Conquering your tomorrow Easy as A,B,C. We are planning to launch a fintech business through the prospective acquisition of Lion Fintech, which holds a proprietary trading license for crypto assets in Dubai. 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. . Learn about governance at GE, including the latest Proxy Statement and information about the GE Board of Directors. . Net cash provided by financing activities was $2.6 million. img.emoji { The Airline has successfully completed the operational Safety Audit and has entered into the IOSA Registry. Note : * USD1 : RM4.150. This purchase involved 201 737 MAX aircrafts and 29 737-900 ER aircrafts and will boost the airline's fleet to more than 400 aircrafts by 2017. PROFIL PERSEROAN COMPANY PROFILE The Company was established on August 16, 1972 in Jakarta under the name PT Lion Metal Works Tbk as a Foreign Capital Investment company and was founded as a joint venture between Indonesian businessman with Singaporean and Malaysian companies. Were deeply proud of GE employees around the world rising to the challenge. Find answers to the most frequent questions Lion Air customers are asking about bookings, payment, flight changes or other popular topics. Lion Air Public Relations, Jan 25, 2023, 18:01 PM Despite these challenges, we made efforts to remain competitive in the industry, largely attributable to our diverse new products and service offerings. With our Best Flexible Rate, you can lock down on attractive prices now and still modify or cancel your reservation later on. The aviation industry in the Asia-Pacific region has shown robust growth in recent years. Recently, the Northbound funds have seen good performance, and Lu Gang Tong trading is expected to increase quickly. PK has arranged aircraft acquisition/disposition and/or financing for more than 120 airlines and all aircraft types. Aggressive and innovative business expansion make Lion Air Group who now has full facilities to support their businesses such as training and education center, offices, housing for the ground crew and flight crew located at Lion City-Balaraja, the pilot training school located at Bandara Mas-Tangerang and a maintenance and overhaul facility (Batam Aero Technic) that is located in Batam, Indonesia. background: none !important; ajaxurl = typeof(ajaxurl) !== 'string' ? As of 31 December 2017, total fleet size stood at 299 aircraft comprising of ATR72s, B737NG, B737MAX, A320CEO and A330CEO. This website is owned and operated by Lion Air. And finally, please confirm the following details, Im {role} in {country} and I agree to comply with the. 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. All Rights Reserved. Mar. Heres what our network looks like, and you can be sure its gonna be exciting. Jakarta. The Corporate gives you flexibility to make urgent travel plans and allows you to be in control of your companys travel plan and expenditure. Copyright 1996-2023 Lion Corporation. !function(a,b,c){function d(a,b){var c=String.fromCharCode;l.clearRect(0,0,k.width,k.height),l.fillText(c.apply(this,a),0,0);var d=k.toDataURL();l.clearRect(0,0,k.width,k.height),l.fillText(c.apply(this,b),0,0);var e=k.toDataURL();return d===e}function e(a){var b;if(!l||!l.fillText)return!1;switch(l.textBaseline="top",l.font="600 32px Arial",a){case"flag":return! Together with our customers, were proving that no one is ever limited to only affordable, reliable, or sustainable energy. gecas.com, PK AirFinance is a leading provider and arranger of asset-based financing of commercial aircraft. Lion Air Public Relations, Jan 3, 2023, 13:45 PM by A culture of integrity, compliance, safety, and respect for human rights, while reducing our environmental footprint. Lion has completed a couple of private placement transactions since the end of 2020 and acquired sufficient funds to support its upcoming business expansions. Now you can change flight in your reservation. For more information on the non-GAAP financial measures, please see the table captioned "Unaudited Reconciliations of Non-GAAP and GAAP Financial Results" set forth at the end of this press release. Langit Esa Oktagon (PT. Get your seat by booking our pre-reserved seats for the convenience of your trip. FINANCIAL AND OPERATING HIGHLIGHTSAll comparisons are made on a year-over-year ("yoy") basis. On this Wikipedia the language links are at the top of the page across from the article title. At the same time, we recently sponsored two SPAC companies and hope to realize gains from the appreciation of founder shares upon each SPAC's initial public offering. } Wherever you are headed, delight in the best rates and a smarter way to make your travel plans. Being the world's largest archipelago (containing thousands of islands), air travel is a logical option for fast travel across the country. Lion expects to use the proceeds from the private placement to develop its TRS trading business, among other business segments, in which the parties will co-operate with each other. It is a low-cost carrier that currently accounts for around 40 percent of market share in Indonesia's air industry, thus making it Indonesia's biggest airline in terms of domestic market share. Learn how were delivering on our priorities. You will be pleased surprised as we set new benchmark in corporate privileges product. The company was founded by Rusdi Kirana in the late 1990s and first flew the sky . At GE, we are committed to building a more diverse workforce and a more inclusive workplace. Moreover, a political development will provide new opportunities in Southeast Asia's aviation sector from 2015 onwards. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. and an expansive route network across Indonesia. Get comprehensive protection through our travel insurance package with PT Asuransi Sinar Mas Net. Deep Learning With Pytorch Manning Pdf, Over the past 65 years, the WBG has engaged in various projects that aimed at supporting the development of sustainable air transport networks. As our slogan Freedom to fly will make you feel freedom to fly to your destinations. Lion intends to leverage its competitive advantage as one of the few cross-border internet brokerages that offer TRS trading services to Chinese investors. Reclining leather seats with seat pitches of 29" and seat width of 17" for Economy class. Training activities in the Training Center of Lion Air Group using computer systems and internet. All Rights Reserved. Update, Feb. 28, 2023 nathalie baye et johnny rupture Publi le 5 juin 2022. By embracing diverse teams and perspectives, we are better equipped to build a world that works. You can read our privacy policy here. Commercializing GEs technology and IP to accelerate growth and achieve market differentiation. You will be notified via email once your application has been approved. Lion Air and related airlines currently serve the following destinations (as of August 2020): Destinations. Thai Lion Air Corporate Privileges provides you a team of dedicated professionals specially designed to serve corporate customers, not including general individual ones. Glacial Landforms Upsc. GE Aerospace is a world-leading provider of jet engines, components and systems for commercial and military aircraft with a global service network to support these offerings. Creating the energy technologies of the future and improving the power networks that we depend on today. How do I sign up for Thai Lion air Corporate Privileges? Grab the latest deals and promotions here, enjoy the best fares with Lion Air. 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. Browse through our archive of press releases and other latest news. by Financial Reporting. Revenue is expected to grow by 260% to 300% to reach between $37.0 million and $41.7 million for the full year 2021. Relaxing escapades, shopping heaven or simply a new adventure, Explore and discover the wide-range of destination we have offer. In March 2013, Lion Air ordered a record-breaking 234 airplanes from France-based Airbus for a combined price of 18.4 billion (USD $24 billion). ", "Konglomerat Kusnan & Rusdi Kirana: Bisnis dan Politik Lion Air", "Kerja Sama dengan GESITS, Lion Parcel Dorong Penerapan Praktik Bisnis Berkelanjutan", "Motor listrik GESITS jadi armada antar paket Lion Parcel", "Dukung Keberlanjutan Lingkungan, Lion Parcel Gunakan Kendaraan Listrik GESITS", "Terus Berinovasi, Lion Parcel Menangkan Penghargaan The Best Digital Media Pada The Best Contact Center Indonesia 2021", https://en.wikipedia.org/w/index.php?title=Lion_Air_Group&oldid=1142696141, Pages using infobox company using trading name, Creative Commons Attribution-ShareAlike License 3.0, Gold Predicate from Indonesian Contact Center Association (ICCA) during The Best Contact Center Indonesia 2021'2 event for category "The Best Digital Media", Impactful Digital Marketing Campaign of The Year for JAGOPACK, Marketeers Editor's Choice Award 2021. Since Lion Air took to the skies with one aircraft in its fleet on 30 June 2000, the group now comprises of five airlines in . KUALA LUMPUR (Feb 4): The Lion Group of airlines, which includes Malindo Air, Lion Air, Batik Air, Wings Air, and Thai Lion Air, is understood to have managed to reach an agreement with some of its lessors to restructure their leases after months of bilateral negotiations.According to a report by global aviation news portal FlightGlobal, there are more than 40 lessors who are exposed to the . Were always on the look out for highly motivated and service oriented people who are ready to make their mark on our operations. Based on current market and operating conditions, the Company anticipates that all its businesses will recover from COVID-19 in June 2021. Words From Usages, The establishment of the ASEAN Economic Community, which aims for the member countries to become a more cohesive political and economic unity, stipulates the liberalization of air travel between its member countries starting from 2015. The latter includes the lack of appropriate sized airports (including runways) and tollways/railway tracks to and from airports. Lion does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, subject to applicable law. Japanese Weasel Spirit, display: none; Report on pages 12 to 14 of this Annual Report. PT. Having been a long-time partner of the two flag carriers of Korea from the early 1990s, KDB is also currently active in financing non-Korean airlines and leasing companies over the past decade. vertical-align: -0.1em !important; Lion earns income from the spread on interest rate loans provided to TRS trading customers and loans borrowed from our business partners, in addition to receiving commissions and fees from customers for trades made through the TRS trading service. [6][7], In 2017, the Lion Air Group managed to surpass 50% market share domestically for the first time.[8]. Lion's customers are predominantly well-educated and affluent Chinese individual investors residing both inside and outside the PRC as well as institutional clients in Hong Kong. Our key figures, our segment information, a multi-year overview and the entire management report and financial statements. Par value of ordinary shares, additional paid-in capital and share data have been retroactively restated to give effect to the reverse recapitalization. Industry Marketing Champion 2021 for the Logistics Sector, Marketeer of the Year 2021, MARKPLUS, INC. The airline group is founded on the success of Lion Air, which was founded in 1999. Master in International Business Communication. 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, Quarterly Financial Statements / Supplementary Materials, Creating Habits and Achieving Business Growth, New Medium-term Management Plan Vision2030 1st STAGE, Directors, Audit & Supervisory Board Members and Executive Officers, Management's Discussion and Analysis of Fiscal 2021 Results, External Evaluations and Participation in External Organizations. If your flight got schedule changed or cancelled by airline, you are getting complimentary flight change. Our Business. Lion Air flies to more than 36 destinations, Select from a growing-range of exciting destination here. 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. 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. Futures brokerage trading volume decreased by 19.0% to 738,444 lots from 911,693 lots last year. The Company believes that these measures help the management identify underlying trends in the Company's business that could otherwise be distorted by the effect of certain expenses that the Company includes in net loss. He is subject to annual Copyright Liontrust Asset Management PLC 2001-2023. As a result of the positive impact of the Hong Kong financial market, online-brokerage companies led the market in terms of growth, suggesting that the market is gradually tapping into the Company's value. About Lion Air Group. 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. Certain new vehicles use electricity, to which Lion Parcel hopes to reduce air pollution in Indonesia and carbon emission produced by conventional vehicle. Our focus, however, has remained the same cost-efficient operations and an absolute commitment This region is one of the world's fastest growing regions regarding air travel. border:0; from 8 AM - 9 PM ET. Previous Years Annual Report. Hak Cipta Van der Schaar Investments B.V. Approval is expected in the first half of 2021. GE's innovation engine where ideas become reality to create a better world and deliver differentiated tech across the company's industrial portfolio. "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? PT Lion Group is a privately owned, airline holding company, based in Indonesia. Lion Group Holding Ltd. (NASDAQ: LGHL) operates an all-in-one trading platform that offers a wide spectrum of products and services with a focus on Chinese investors. Deep Learning With Pytorch Manning Pdf, Lion AirSupports Economic Activities and Mobilization of Western IndonesiaNow,Banda Aceh to Jayapura is faster traveled. In addition to financing, Yun Tian offers professional expertise and industry experience to advance the Company's development in TRS trading business. On July 16, 2020, Lion announced the official launch of "Lion Lu Gu Tong," its total return swap (TRS) service that offers A-shares (shares that are denominated in Renminbi and traded on the Shanghai Stock Exchange and Shenzhen Stock Exchange) and Hong Kong stock basket-linked TRS. Plow In Tagalog, Now you can book your flight with Lion Air and many convenient e-payment options. Further intentions to expand Citilink were announced, such that it could compete with Lion Air in the domestic low-cost travel market. In 2017, the Lion Air Group managed to surpass 50% market share domestically for the first time. Sustainability Report 2021 (PDF) Quarterly Statement Q3 2021 Annual Reports 2021 Jump to content . A Lion Air Boeing 737-900ER at Ngurah Rai International Airport in Bali, Indonesia A Wings Air ATR 72-500 We take extra precautions to ensure the safety and well being of you and your loved ones. Start enjoying the benefits of membership by earning miles and redeem free flights whenever you fly with us. Investors and potential investors should consult all of the information set forth herein and should also refer to the risk factors set forth in LGHL's Annual Report on Form 20-F to be filed in March 2021, and other reports filed or to be filed from time-to-time with the Securities and Exchange Commission. 507 Country Club Rd , Red Lion, PA 17356-9278 is a single-family home listed for-sale at $139,999. JT610 departed from Jakarta airport on runway 25L, at 06:20 local time on 29 October / 23:20 GMT on 28 October. Local competition from national airline Garuda Indonesia also arose in 2012, as Garuda announced intentions to form an off-shoot of its Citilink brand into its own low-cost carrier. 12 of 2021 Task Force handling Covid-19 concerning Guidelines for Implementing Domestic Travel During the Corona Virus Disease Pandemic 2019 (Covid-19), Circular Letter No. Save. Teks ini hanya tersedia dalam bahasa Inggris PT Lion Mentari Airlines (Lion Air) is the largest privately held airline in Indonesia. 6. Answer :Please email your queries to [emailprotected]and we will attend to you. The Board is also responsible for ensuring that the accounting. ", "As we head into the new year, we remain confident in our long-term strategies and ongoing developments. Lion Air flies to more than 36 destinations, to find out more on our top destination, click here and let us take you there. Explore a career with us. records of the Group are properly kept. Enjoy great saving and be rewarded at the same time and much more. display: inline !important; In 2018, we carried 36.8 million passengers - nearly 35% of all air travelers in the country - to the islands, cities and communities of the archipelago. Simply make a booking now to get the Best Flexible Rates and make your stay a memorable one. Prepaid Baggage Lion Air Public Relations, Attention! by by 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's TRS trading business is currently growing steadily. 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. Recently, Lion has taken the lead in launching its TRS trading service, which complements existing southbound trading in the market. In cooperation with Grandshores, Lion plans to expand into the blockchain industry, including, but not limited to, investment in cryptocurrency mining, investment in private blockchain technology companies, and issuance of mainstream digital currency trust funds. HONG KONG, March 30, 2021 /PRNewswire/ -- Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), operator of an all-in-one trading platform that offers a wide spectrum of products and services with a focus on Chinese investors, today announced its unaudited financial results for the full year ended December 31, 2020. We understand that your travel plans can change due to last-minute circumstances, but there is no reason why your rates should too. [16], Lion Parcel has taken measures to control their environmental effect by use of electric vehicles produced by GESITS (PT Wika Industri Manufaktur). . img.wp-smiley, Founders: Indonesia's Lion Air magnate Rusdi Kirana. GECAS owns or services a fleet of nearly 2,000 aircraft (1,685 fixed wing/ 310 rotary wing) in operation or on order, plus provides loans collateralized on an additional ~400 aircraft. Now you can book your flight with Lion Air with convenient e-payments options. Discover how our people & technology are solving global issues, improving lives, and changing industries. It's a self service! (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 Barbara Miller Margaret Carnegie Miller,
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