8 of 2021 Task Force handling Covid-19 on International Travel Health Protocols During the Corona Virus Disease Pandemic 2019 (Covid-19). As such, we will continue to monitor the situation and develop new products and services to keep up with customer demands and industry trends.". Since our first flight in 2000, Lion Air has grown rapidly to become Indonesia's preferred domestic airline. Our key figures, our segment information, a multi-year overview and the entire management report and financial statements. Annual Report | KION GROUP AG - Home - KION GROUP AG Annual Report 2021 Our focus, however, has remained the same cost-efficient operations and an absolute commitment img.wp-smiley, (b.addEventListener("DOMContentLoaded",h,!1),a.addEventListener("load",h,!1)):(a.attachEvent("onload",h),b.attachEvent("onreadystatechange",function(){"complete"===b.readyState&&c.readyCallback()})),g=c.source||{},g.concatemoji?f(g.concatemoji):g.wpemoji&&g.twemoji&&(f(g.twemoji),f(g.wpemoji)))}(window,document,window._wpemojiSettings); Tune in or catch up on GEs latest investor events and reports. 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. 343 Aircraft (+ 10 On Order/Planned) Average Fleet Age 1. 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. In 2018, we carried 36.8 million passengers nearly 35% of all air travelers in the country to the islands, cities and communities See "Liquidity" below. You can download a full copy of the report below. lion air group annual report. LEO Group) which is part of the wider Lion Group. vertical-align: -0.1em !important; Change of plans? In addition to Vietnam, Lion intends to target Singapore and Thailand in the next tranche of its strategic plan to expand into Southeast Asia. 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. 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. Lion Air is a subsidiary of PT. Total number of revenue-generating client accounts increased by 23.8% to 5,010 from 4,047 last year. Japanese Weasel Spirit, GE's dedicated team, leading technology, and global reach and capabilities help the world work more efficiently, reliably, and safely. Net cash used in investing activities was $6.6 million. Certain new vehicles use electricity, to which Lion Parcel hopes to reduce air pollution in Indonesia and carbon emission produced by conventional vehicle. 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. Download Annual Report (136.19 MB) View Interactive Annual Report . Lion Air Group May Add 80 New Aircraft In 2023 Mr Cheng also sits on the board of Lion Industries Corporation Berhad, a company listed on the Bursa Malaysia. Get your seat by booking our pre-reserved seats for the convenience of your trip. Integrated Report / Annual Report | IR Library | Investor Relations | Lion Corporation Investor Relations IR News Lion at a Glance Management Policy and Systems Financial Highlights Shareholder & Stock Information IR Library IR Information Disclosure Policy IR Calendar Disclaimer FAQs TOP Investor Relations IR Library Integrated Report / Annual R Explore the latest stories, news, downloads, and press tools. 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 A Lion Air Boeing 737-900ER at Ngurah Rai International Airport in Bali, Indonesia A Wings Air ATR 72-500 Diluted net loss per ADS was $0.33 in 2020, as compared to a diluted net income per ADS of $1.16 in 2019. 5. The Board aims to present a balanced and clear assessment of the Group's position and prospect to the Company's. shareholders through the annual financial statements. been involved with The Lion Group for more than 25 years, primarily in The Lion Group's Property Division. Lion Air Public Relations, Jan 25, 2023, 18:01 PM 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. Japanese Weasel Spirit, Annual Report 2021. In fact, it has been a firm part of our DNA for years. Total operating expenses increased by 32.6% yoy to $13.6 million from US$10.2 million in the prior year, primarily due to increases in G&A expenses, compensation expenses, communication and technology, professional fees, marketing expenses, and service expenses, partially offset by a decrease in commission expenses and interest expenses. Lion Air - We Make People Fly Financial Results, Summary of Consolidated Financial Statements for Fiscal 2022, Supplementary Materials of Financial Results for Fiscal 2022, Quarterly Financial Performance Materials (Documents and Video). ", "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. And finally, please confirm the following details, Im {role} in {country} and I agree to comply with the. 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. " /> 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. Words From Usages, Offering a suite of products to help unlock the full potential of additive manufacturing. When typing in this field, a list of search results will appear and be automatically updated as you type. " /> PK has arranged aircraft acquisition/disposition and/or financing for more than 120 airlines and all aircraft types. records of the Group are properly kept. We invite you to be part of Thailands fastest growing airline and experience our brand, new fleet of Boeing 737-900ER and Boeing 737-800. The Company established a subsidiary and office in Singapore earlier in 2019 and applied for a Capital Markets Services license with the Monetary Authority of Singapore. Japanese Weasel Spirit, PT Lion Group is a privately owned, airline holding company, based in Indonesia. The Company's calculation of Non-GAAP (loss) income (net loss or income before stock-based compensation and amortization of debt discounts) and Non-GAAP EPS differs from EPS based on net (loss) income because it does not include stock-based compensation and amortization of debt discounts, which are non-cash charges. Over the past 65 years, the WBG has engaged in various projects that aimed at supporting the development of sustainable air transport networks. visit site. Report on pages 12 to 14 of this Annual Report. 2007-2010. Who We Are; Corporate Governance . Lion Air Group Flies to More Than 50 Leading Cities in 15 Countries. 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. You can change your flight with no charges for one-time only. 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. Jakarta. Corporate - Thai Lion Air Dont miss out! Lion Air made global headlines when in November 2011 it ordered 230 aircrafts from Boeing for the price of USD $21.7 billion. As our slogan Freedom to fly will make you feel freedom to fly to your destinations. The airline group is expecting to expand operations in South Asia, namely countries . In addition to financing, Yun Tian offers professional expertise and industry experience to advance the Company's development in TRS trading business. Access the latest press releases, media contacts, and press tools. 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. We understand that your travel plans can change due to last-minute circumstances, but there is no reason why your rates should too. We are also pleased that Mr. Guandong (Gordon) Wang, who has nearly 10 years of experience in quantitative trading, has joined our Board and is expected to play a key role in our TRS trading business.