Yvo and utiket

Lion Air could revive IPO in 2017

30 Jan 2016 16:07:26

reuters.com

JAKARTA, Jan 25 Airline group Lion Air could go public as early as next year if Indonesia's economy recovers, its founder and owner told Reuters, saying any listing was intended to improve transparency before he plans to hand over management control in five years.


Last year, weak market conditions forced the group, which operates budget flights throughout Southeast Asia, to delay plans for a listing which would have taken place in the first quarter of 2016.


Southeast Asia's biggest economy likely grew at its weakest pace since the global financial crisis in 2015, hit by faltering consumption, rising unemployment and weak commodity prices.


Read full story: reuters.com

Related posts

Lion Air Group begins international expansion from Indonesia with Batik Air Australia & India routes

28 Mar 2017 04:46:27The Lion Group is preparing to expand in Indonesia’s international market, with several new routes to Australia, India and East Asia. Lion is the domestic leader in Indonesia, its three Indonesian airline...

Lion Air and sister airlines get IATA safety certifications

30 Jan 2016 16:09:13lion air, indonesia A Lion Air plane in Bali's Ngurah Rai Airport. Photo: Flickr 74 We never thought we'd see the day we'd report on Lion Air positively. Lion Air has, more often than not,...

Lion Air makes emergency landing in East Java

14 Aug 2015 17:29:53A Lion Air flight from Jakarta to Ujung Pandang in South Sulawesi was forced to make an emergency landing on Wednesday morning at Juanda Airport in Sidoarjo, East Java. It is suspected that the plane,...

Indonesia Lion Air gets nod to resume route applications

10 Jul 2015 21:38:59Lion Airlines (JT, Jakarta Soekarno-Hatta) has submitted applications to the Indonesian Directorate General Of Civil Aviation (DGCA) for forty-four new routes after a four-month long ban was lifted on...

Manado - Davao With Garuda Indonesia

Manado - Davao With Garuda Indonesia

National flag carrier from Indonesia, Garuda Indonesia will open a new route from Manado (in North Sulawesi) to Davao City (in the Philippines) start at September 27, 2019.

The opening of...

Most popular in Utiket

Lion Air to operate domestic widebody services

8 Jun 2015 11:05:07Indonesian low-cost carrier (LCC) Lion Air has said it will use its new twin-aisle Airbus A330-300s, due to be delivered later this year, for domestic schedules rather than long-haul. "We will...

Flight Ticket Discounts

Flight Ticket Discounts

The new rules of airfares have been officially released by The Transportation Ministry  (Kemenhub), and two airlines from Indonesia, namely Garuda Indonesia and Lion Air Group are offering 50...

Surabaya-Haikou From Lion Air

Surabaya-Haikou From Lion Air

Lion Air has opened a new charter route from Surabaya to Haikou, the capital of Hainan Province in China.

The flight is serviced once a week (every Friday from Surabaya-Haikou route) and...

Passengers scramble from smoking Lion Air jet before takeoff at Sumatra airport

27 Apr 2015 02:46:02JAKARTA (Bloomberg) - Passengers scrambled to open the emergency doors to get out of a Lion Air plane before takeoff at an Indonesian airport, after hearing the sound of an explosion. Black smoke...

Malaysia Airlines Moves to Terminal 3 Jakarta

Malaysia Airlines Moves to Terminal 3 Jakarta

Starting on April 9, 2018, Malaysia Airlines will officially moves to Terminal 3 at Soekarno-Hatta International Airport. Malaysia Airline previously operated in Terminal 2 of Soekarno-Hatta International...

Garuda Indonesia New Service (Jakarta-Sorong)

Garuda Indonesia New Service (Jakarta-Sorong)

Starting on March 10, 2018, Garuda Indonesia opens a direct flight from Jakarta to Sorong (return flight).

This is a good news, because Sorong is the closest city in West Papua to reach...

Lion Air's nine flight slots suspended after delays

28 Feb 2015 21:31:16Transportation Ministry officially suspended nine flight slots operated by budget carrier Lion Air on Thursday because the airline failed to use the slots for 21 days in a row, in accordance with Ministerial...

Thousands stranded in Indonesia as plane delays hit holidays

27 Feb 2015 20:02:17JAKARTA: Indonesia's biggest low-cost airline was left scrambling Friday (Feb 20) after a second day of major delays saw thousands of angry passengers barricading gates and staging noisy protests...

Rusdi Kirana Has Lion-Size Ambitions for Indonesia's Largest Airline

7 Feb 2015 20:50:19The chief executive of Indonesia's Lion Group, Rusdi Kirana, who shares an estimated net worth of $1.7 billion with his brother Kusnan, can now fly in his own chartered jet. But on a recent trip from...

The Three Longest Non-Stop Flights From Jakarta

The Three Longest Non-Stop Flights From Jakarta

There are several non-stop flights that are operated with a long travel time from Jakarta. And, let's check it out :

Jakarta - Amsterdam, Netherlands
The flight covers 11.356...

Lion Air has opportunity to accelerate LCC growth in Indonesia

10 May 2014 19:17:26Lion Air has an opportunity to win back market share in Indonesia's dynamic low-cost sector as competitors slow their expansion and in some cases reduce capacity. Lion in 2013 recorded the lowest rate...

Lion's Kirana may step down as CEO this year

16 Mar 2014 12:58:19Indonesia's Lion Group founder Rusdi Kirana may step down this year as chief executive officer to focus on his political career in hope of becoming the agriculture minister of the world's fourth-most...

Indonesia's Lion Group Spreads Its Wings

9 Nov 2013 18:23:07SEATTLE—Fast-growing Indonesian airline Lion Group, parent of Lion Air, hopes to complete a deal for at least 50 Bombardier Inc. BBD.B.T -0.86% CSeries jetliners by the end of first quarter of next...

Indonesian low cost carrier Lion Air sees its future in Thailand

29 May 2013 12:13:31BANGKOK - Thailand Civil Aviation recently confirmed plans to the daily Bangkok Post that Lion Air, Indonesia's largest carrier, was finalizing the opening of a new subsidiary at Bangkok Don Mueang airport...

Indonesia's Lion Air should review procedures: crash report

17 May 2013 03:52:37Investigators have raised questions over training and cockpit procedures at Indonesian budget carrier Lion Air after a preliminary report into a crash last month off Bali found the captain was not at...

Low-Cost Indonesian Airlines Keep Growing, Despite Troubling Record

3 May 2013 14:23:30JAKARTA — The sight of passengers swimming ashore from the wreckage of a Lion Air plane that missed a runway and crashed into the ocean off the Indonesian resort island of Bali on April 13 was not...

Indonesia Probes Lion Air Crash in Bali

16 Apr 2013 16:40:34Indonesia started investigations into at least its fourth aircraft accident in 16 months after a Boeing 737-800 passenger jet operated by PT Lion Mentari Airlines, which is banned from flying in Europe,...

Indonesian Crash May Boost Lion Air's Rivals, Says Credit Suisse

16 Apr 2013 16:36:27The crash of a Lion Air jet at the resort town of Bali in Indonesia may temporarily help other budget carriers battling in the rapidly growing market, a Credit Suisse official said Sunday. “I don't...

Lion Air's Image Faces a Hit After Indonesian Crash

15 Apr 2013 13:12:34JAKARTA, Indonesia – While it is still too early to know the cause of Saturday's jet crash in Bali, Lion Air — possibly the world's most ambitious airline — can't be happy about the negative press. Little...

All survive after jet lands in sea off Bali Indonesia

15 Apr 2013 05:05:26An airliner has ended up in the sea off the Indonesian island of Bali after missing Denpasar airport runway, but all those on board survived. Hospitals treated 22 people after the crash, which involved...

Lion Air crash at Ngurah Rai airport

14 Apr 2013 23:15:25A Lion Air Boeing 737-800 with 108 people on board crashed on landing at Ngurah Rai International Airport, Bali, at 3:10 p.m., local time, on Saturday. “The aircraft crashed off the runway before...