lion air group annual report lion air group annual report

6. Close. Financial Results, Video Streaming of Results Presentation (Including Q&A) for the Fiscal Year Ended December 31, 2022, Feb. 13, 2023 Our business is also uniquely structured for growth as the only local carrier of air cargo between Indonesian destinations. Commercializing GEs technology and IP to accelerate growth and achieve market differentiation. 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. Founders: Indonesia's Lion Air magnate Rusdi Kirana. and an expansive route network across Indonesia. Non-GAAP net income, which excludes stock-based compensation expenses and amortization of debt discounts, was $0.3 million for the year of 2020, as compared to non-GAAP net income of $8.2 million in 2019. Wherever you are headed, delight in the best rates and a smarter way to make your travel plans. All rights reserved. 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. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company, and the industry in which it operates. -Lion appoints new director to Board of Directors. KDB offers clients a broad range of financial products and services through its expertise in corporate banking, investment banking, and corporate restructuring. The latter includes the lack of appropriate sized airports (including runways) and tollways/railway tracks to and from airports. window._wpemojiSettings = {"baseUrl":"https:\/\/s.w.org\/images\/core\/emoji\/2.4\/72x72\/","ext":".png","svgUrl":"https:\/\/s.w.org\/images\/core\/emoji\/2.4\/svg\/","svgExt":".svg","source":{"concatemoji":"http:\/\/mibcom.ase.ro\/wp-includes\/js\/wp-emoji-release.min.js?ver=4.9.7"}}; You can change flight in your reservation. Conquering your tomorrow Easy as A,B,C. Investors Library Top. Access GEs recent and historic Annual Reports and accompanying materials. Lion Air - We Make People Fly MANAGE BOOKING TRAVEL PROMOTION LION EXPERIENCE ABOUT US Web Check-in Beat the queue and check-in with our web, mobile and kiosk check-in facilities. 5. Can't Wait for Eid Holiday 2023?Lion AirIs Ready to Face It! 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. Read the latest GE financial news releases and stories. by Cross-border investment has become more and more popular, which continues to benefit the business of cross-border internet brokerages. Lion Express also known as Lion Parcel is a subsidiary company of Lion Air Group, is the logistic company that serves nationwide and Asia. With our Best Flexible Rate, you can lock down on attractive prices now and still modify or cancel your reservation later on. Delight in easy travel planning with our Best Flexible Rate. Indonesia, the current engine of economic growth in Southeast Asia and one of the largest economies in the Asia-Pacific, contains a burgeoning middle class that is increasingly using airplanes for domestic and international transport. 2016.03.15 PDF - 312 Kb. In addition to Vietnam, Lion intends to target Singapore and Thailand in the next tranche of its strategic plan to expand into Southeast Asia. In addition, the need for new products and services will further increase as our client base diversifies. Words From Usages, GE's innovation engine where ideas become reality to create a better world and deliver differentiated tech across the company's industrial portfolio. A Lion Air Boeing 737-900ER at Ngurah Rai International Airport in Bali, Indonesia A Wings Air ATR 72-500 IATA estimates that by 2037, Indonesia will be the fourth biggest aviation market in the world and Lion Air is proud to be playing a leading role in the countrys development. Enjoy great saving and be rewarded at the same time and much more. This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Since our first flight in 2000, Lion Air has grown rapidly to become Indonesia's preferred domestic airline. Where can I obtain more information on Thai Lion Air Corporate Privileges? Net cash provided by operating activities was $0.1 million. by 2011-2015. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, Lion's actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. By embracing diverse teams and perspectives, we are better equipped to build a world that works. Access GE's recent and historic Annual Reports and accompanying materials. The Airline has successfully completed the operational Safety Audit and has entered into the IOSA Registry. !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! Futures brokerage trading volume decreased by 19.0% to 738,444 lots from 911,693 lots last year. Matters that are frustrating efficiency of Indonesia's aviation business are shortages of human resources (for example pilots), inadequate air traffic management as well as lacking facilitating infrastructure for air travel. Here you can read highlights from Liontrust Asset Management PLC'sAnnual Report & Financial Statements 2022, published in July 2022. Total number of revenue-generating client accounts increased by 23.8% to 5,010 from 4,047 last year. 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. Sustainability Report 2021 (PDF) Quarterly Statement Q3 2021 Annual Reports 2021 Jump to content . This page was last edited on 3 March 2023, at 22:05. GECAS and its wholly owned subsidiary, PK AirFinance announced today it had concluded a significant aircraft financing transaction covering a total of 51 aircraft operated by Lion Air Group, GECAS' largest customer Southeast Asia. The Corporate gives you flexibility to make urgent travel plans and allows you to be in control of your company's travel plan and expenditure. img.emoji { You can download a full copy of the report below. Change of plans? Our commitment to these attributes has resulted in our airlines success. 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 . Get your seat by booking our pre-reserved seats for the convenience of your trip. The 12th edition of the World Bank Group (WBG) Air Transport Annual Report, summarizes the current portfolio of the air transport practice at the WBG, and highlights some of the projects in more detail. Powered by . Currently, it serves over 60 destinations - both national and international (Southeast Asia and Saudi Arabia) - and operates over 226 flights per day. Lion's TRS trading business is currently growing steadily. [2] The airline's name derived from a combination of the countries Malaysia and Indonesia. You can change flight in your reservation. Accomplished leaders building GEs legacy. Their services is door-to-door delivery enhanced with Innovation and Technology. Lion Air as one of the largest private airline in Indonesia face a problem. box-shadow: none !important; Financial Reporting. Fit for travellers looking for both comfort and value. In terms of financial support, Lion is raising $10 million in a private placement with Yun Tian Investment Limited ("Yun Tian") through a group of reputable and wealthy private entrepreneurs from South China. Super Air Jet (47 aircraft) Thai Lion Air (12 aircraft) Wings Air (69 aircraft) Headquarters. Preferred shares, $.0001 par value, 50,000,000 shares authorized, none issued and outstanding as of December 31, 2020 and 2019, respectively, ClassA ordinary shares, $0.0001 par value, 300,000,000 shares, authorized, 9,627,553 and 3,140,388 shares issued and outstanding, at December31, 2020 and 2019, respectively (i), ClassB ordinary shares, $0.0001 par value, 150,000,000 shares, authorized, 9,843,096 and 3,949,993 shares issued and outstanding, Total Liabilities and Stockholders' equity. CFD trading volume decreased by 72.3% to 223,018 lots from 806,111 lots last year. Become a part of Thai Lion Air, Thais fastest growing airline with a lowest price concept. Take a read of our in-flight magazine where you will be updated with exciting destinations, latest trends and happenings. MLS # We connect capital to infrastructure and deliver innovative financial solutions that help make the world work better. As our slogan Freedom to fly will make you feel freedom to fly to your destinations. 2021-2025. Seriousness in the Global Network: Facilitating Foreign Travel and Contributing to the Target of 7.4 Million Foreign Tourist Visits to Indonesia. PKAir.com. at December31, 2020 and 2019, respectively, Par value of ordinary shares, additional paid-in capital and share data have been retroactively restated to give effect to the reverse, Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Lion Announces Move into Green Digital Finance/Carbon Finance Sector, Lion Announces It Will Explore ChatGPT Related AI & NLP Technologies To Empower Digital Program. Monthly sales February 2016. Further intentions to expand Citilink were announced, such that it could compete with Lion Air in the domestic low-cost travel market. display: none; Lion Corporation Berhad. Retrieve Booking Check and view the status of your reservation, amend passengers details and reprint E-Ticket. 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 [] The Company expects to bring in new talent with SPAC experience to help advance this business segment in 2021. JT610 departed from Jakarta airport on runway 25L, at 06:20 local time on 29 October / 23:20 GMT on 28 October. Our financial performance is subject to changing global market conditions, particularly the fluctuation and volatility of trading activities on major exchanges worldwide, which resulted in decreases in revenue and margins for Lion this year. 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. Revenue is expected to grow by 260% to 300% to reach between $37.0 million and $41.7 million for the full year 2021. 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. 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. 2007-2010. Who We Are; Corporate Governance . PT Lion Group is a privately owned, airline holding company, based in Indonesia. .post-navigation { This website is owned and operated by Lion Air. [3] In response, Lion Group announced a full-service competitor to Garuda Indonesia in the form of Batik Air. by [8] Operations The Lion Air Group are based in three different countries in Southeast Asia and have several operations, most of which are airlines. Learn how were delivering on our priorities. Copyright 1996-2023 Lion Corporation. 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. 9.1 Years. Fleet Size. width: 1em !important; height: 1em !important; border: none !important; Revenue from 01 July 2020 to 30 June 2021 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. Total revenue-generating CFD (contract for difference) client trading accounts increased by 44.8% to 2,668 from 1,843 last year. A convenient gateway for you to pay for add-ons, booking reference and more. The billionaire has gone from selling typewriters to build one of fastest-growing airlines. Browse through our archive of press releases and other latest news. Lion Air is still banned from flying to the European Union due to safety issues. Additional information may be found at http://ir.liongrouphl.com. Increase your credit limit for greater financial flexibility. 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. Check out our Latest fares, more non-stop flights at low fares to more destinations. Teks ini hanya tersedia dalam bahasa Inggris PT Lion Mentari Airlines (Lion Air) is the largest privately held airline in Indonesia. Par value of ordinary shares, additional paid-in capital and share data have been retroactively restated to give effect to the reverse recapitalization. margin: 0 .07em !important; IR news and information for investors on Lion stock and financial performance. 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. In 2017, the Lion Air Group managed to surpass 50% market share domestically for the first time.