[1] The group consists of several airlines from Southeast Asia, currently Lion Air, Wings Air, Batik Air, Batik Air Malaysia, and Thai Lion Air. In 2018, we carried 36.8 million passengers nearly 35% of all air travelers in the country to the islands, cities and communities A wholly-owned subsidiary of GECAS, the business traces its history to the 1970s when PK-Banken was established in Luxembourg by Pkbanken Sweden and joined GECAS in 2000. Answer :You can either use Credit limit account or Credit cards. [3] In response, Lion Group announced a full-service competitor to Garuda Indonesia in the form of Batik Air. Revenue from 01 July 2020 to 30 June 2021 This region is one of the world's fastest growing regions regarding air travel. Japanese Weasel Spirit, Become a part of Thai Lion Air, Thais fastest growing airline with a lowest price concept. MLS # CFD trading volume decreased by 72.3% to 223,018 lots from 806,111 lots last year. 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. 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). Hak Cipta Van der Schaar Investments B.V. Despite these challenges, we made efforts to remain competitive in the industry, largely attributable to our diverse new products and service offerings. 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. In fact, it has been a firm part of our DNA for years. Increase your credit limit for greater financial flexibility. LEO Group) which is part of the wider Lion Group. Heres what our network looks like, and you can be sure its gonna be exciting. Non-GAAP net income per ADS diluted was US$0.03, as compared to a non-GAAP net income per ADS diluted of US$1.16 in 2019. Powered by . Lion Air Group Flies to More Than 50 Leading Cities in 15 Countries. .entry-footer .byline{ display:none !important; } .entry-meta .byline{ display:none !important; } .entry-footer .posted-on{ display:none !important; } .entry-meta .entry-date{ display:none !important; } .entry-meta .date{ display:none !important; } .entry-footer .cat-links{ display:none !important; } .entry-meta .cat-links{ display:none !important; } .entry-meta .categories-links{ display:none !important; } .entry-footer .comments-link{ display:none !important; } .entry-meta .comments-link{ display:none !important; } .entry-footer .edit-link{ display:none !important; } .entry-meta .edit-link{ display:none !important; } This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. 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. 9.1 Years. Lion introduced a Vietnamese-language version of its CFD trading platform, Lion Brokers Pro, in October 2020. For the Full Year Ended December 31, 2020, Mr. Chunning (Wilson) Wang, CEO of Lion, commented: "Similar to other companies, our various business segments were adversely affected by the COVID-19 pandemic. JT610 departed from Jakarta airport on runway 25L, at 06:20 local time on 29 October / 23:20 GMT on 28 October. Were continuing to do all we can to support our customers and employees during this unprecedented time. Our energy expertise spans from renewable wind energy to emission-reducing natural gas, as well as physical and digital solutions to modernize the grid connecting it all. Lion Parcel changed vehicles in certain delivery fleets in order to use electric vehicles. All Rights Reserved. Our latest addition of Boeing 737-900ER will enable us to offer more non-stop flights. About Lion Air Group. 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. All rights reserved. Explore a career with us. Beat the queue and check-in with our web, easy and fuss-free online check-in. 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. Creating the energy technologies of the future and improving the power networks that we depend on today. Access to the platform. Lion's TRS trading business is currently growing steadily. Our technology, global network, and exceptional team is fueled by a missionbuilding a world that works. The ability to book now and pay later. Enjoy great saving and be rewarded at the same time and much more. border:0; visit site. border: none !important; The main problem of a growing issue in the public is the customer feels the airline is no longer safe because of the many reports of passengers who lost his stuff and goods in the baggage. . You will be redirected to the Korean air main page. 'http://mibcom.ase.ro/wp-admin/admin-ajax.php' : ajaxurl; Lion Mentari Airlines beroperasi sebagai Lion Air adalah sebuah maskapai penerbangan bertarif rendah yang berpangkalan pusat di Jakarta, Indonesia. Lion Group HoldingTel: +852 2820 9011Email: [emailprotected], ICR, LLCWilliam ZimaTel: +1 203 682 8233Email: [emailprotected], UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME(LOSS), Futures and securities brokerage commissions, (Loss) earnings per share for both Class A and Class B, Weighted average Class A ordinary shares outstanding, Weighted average Class B ordinary shares outstanding, Share and per share data have been retroactively restated to give effect to the reverse recapitalization, Restricted cash-bank balances held on behalf of customers, Receivables from broker-dealers and clearing organizations, Payables to broker-dealers and clearing organizations. 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. LION Integrated Report 2022 Download latest materials Quarterly Financial Performance Materials (Documents and Video) Message from Management Lion at a Glance Content for shareholders and investors Management Policy and Systems Message from Management Corporate Philosophy Medium-Term Management Plan Corporate Governance Leadership Team Relaxing escapades, shopping heaven or simply a new adventure, Explore and discover the wide-range of destination we have offer. View more property details, sales history and Zestimate data on Zillow. Hong Kong, December 2, 2022 /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 and developer of new growth products that include SPAC sponsorship, NFT, and metaverse-related initiatives, today announced its unaudited Download Annual Report (136.19 MB) View Interactive Annual Report . 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. 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. Were always on the look out for highly motivated and service oriented people who are ready to make their mark on our operations. The Company believes that these measures provide useful information about its operating results, enhance the overall understanding of its past performance and future prospects, and allow for greater comparability with respect to key metrics used by its management in its financial and operational decision-making. With the strong partnerships KDB has with both PK and Lion Air, we look forward to future opportunities to sustain Lion Airs growth in the region., GE Capital Aviation Services (GECAS) is a world leader in aviation leasing and financing. 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. Answer :The Booking Facility on this Site may be used only by companies or organisations who have been registered by Thai Lion Air through this Site (Corporates) and only in relation to travel by the Corporates Staff. With our Best Flexible Rate, you can lock down on attractive prices now and still modify or cancel your reservation later on. Copyright 2020 Since our first flight in 2000, Lion Air has grown rapidly to become Indonesias preferred domestic airline. Subscribe to receive the latest promotional fares and news of Lion Air. The Corporate gives you flexibility to make urgent travel plans and allows you to be in control of your companys travel plan and expenditure. PK has arranged aircraft acquisition/disposition and/or financing for more than 120 airlines and all aircraft types. " /> Lion Air and related airlines currently serve the following destinations (as of August 2020): Destinations. Mar. In addition to financing, Yun Tian offers professional expertise and industry experience to advance the Company's development in TRS trading business. Japanese Weasel Spirit, 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 [] PT Lion Group is a privately owned, airline holding company, based in Indonesia. gecas.com, PK AirFinance is a leading provider and arranger of asset-based financing of commercial aircraft. ", "As we head into the new year, we remain confident in our long-term strategies and ongoing developments. Lion Air Public Relations, Feb 22, 2023, 11:42 AM Being the world's largest archipelago (containing thousands of islands), air travel is a logical option for fast travel across the country. Annual meeting Annual meeting. Change of plans? from 8 AM - 9 PM ET. 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. Report on pages 12 to 14 of this Annual Report. In March 2021, the Company launched the sponsorship of two SPAC companies in cooperation with other parties. Lion AirSupports Economic Activities and Mobilization of Western IndonesiaNow,Banda Aceh to Jayapura is faster traveled. GECAS and PK AirFinance Provide Lion Air Group Financing of 51 Aircraft 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. . [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 more about our culture, businesses, and life at GE. The Lion Air Group primarily competes with the Malaysian-based low-cost carrier, AirAsia and domestic competitor and national airline Garuda Indonesia. Through these record-breaking purchases, Lion Air is well prepared to maintain or even improve its domestic market share and to take advantage of Asia Pacific's lucrative and promising aviation sector. This page was last edited on 3 March 2023, at 22:05. As a leading domestic airline and disciplined low-cost carrier, we offer flights to value-conscious customers who focus on price, frequency of flights, Plus rcents. The Airline has successfully completed the operational Safety Audit and has entered into the IOSA Registry. Grab the latest deals and promotions here, enjoy the best fares with Lion Air. This website is owned and operated by Lion Air. We are an airline that provides superior products and services. records of the Group are properly kept. Langit Esa Oktagon (PT. 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. The airline group is expecting to expand operations in South Asia, namely countries . Financial Report Selected; Stock Information; IR Schedule; Year Search. By embracing diverse teams and perspectives, we are better equipped to build a world that works. 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. 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. to providing value-conscious passengers and cargo customers with the lowest cost option to all of our destinations. #nav-single { display: none; } 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. It has the largest market share in domestic travel in Indonesia. Recently, Lion has taken the lead in launching its TRS trading service, which complements existing southbound trading in the market. Check out our Latest fares, more non-stop flights at low fares to more destinations. 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. All rights reserved. Access the latest press releases, media contacts, and press tools. 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. Net loss was $3.4 million for the year of 2020, as compared to a net income of $8.2 million in 2019. Currently, it serves over 60 destinations - both national and international (Southeast Asia and Saudi Arabia) - and operates over 226 flights per day. At GE, we are committed to building a more diverse workforce and a more inclusive workplace. Net cash provided by operating activities was $0.1 million. Certain new vehicles use electricity, to which Lion Parcel hopes to reduce air pollution in Indonesia and carbon emission produced by conventional vehicle. 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 Information | Korean Air Cerita Kami - Lion Air Our Business. Fleet Size. Southeast Asias most populous nation. Can't Wait for Eid Holiday 2023?Lion AirIs Ready to Face It! Lion Mentari Airlines - Lion Air | Indonesia Investments [16], Lion Parcel has taken measures to control their environmental effect by use of electric vehicles produced by GESITS (PT Wika Industri Manufaktur). Thai Lion Air Corporate Privileges provides you a team of dedicated professionals specially designed to serve corporate customers, not including general individual ones. Learn about governance at GE, including the latest Proxy Statement and information about the GE Board of Directors. In January 2021, Lion engaged Mr. Yao Yongjie, chairman of Grandshores Technology Group Limited ("Grandshores") (HKEX: 01647), as the chief technical adviser to provide blockchain technology support, advice on operations, and consulting services in operating digital asset trading platforms. IR news and information for investors on Lion stock and financial performance. ajaxurl = typeof(ajaxurl) !== 'string' ? 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. Shortly after, Lion signed a framework partnership agreement with Grandshores. 507 Country Club Rd, Red Lion, PA 17356 | Zillow ANNUAL REPORT 2019 Lion Corporation Fiscal year ended December 31, 2019 This manuscript is for audit. With the growth of aviation and travel within Indonesia, Lion Air founded Wings Air in 2003, a regional carrier wholly owned by Lion Air. lion air group annual report - Juriscom 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. Least Mean Square Algorithm In Neural Network Ppt, Corporate - Thai Lion Air .post-navigation { Master in International Business Communication. Annual Report | KION GROUP AG - Home - KION GROUP AG Annual Report 2021 Thousands of U.S. dollars Millions of yen [Note 2(d)] LIABILITIES AND EQUITY 2019 2018 2019 Liabilities Current liabilities: " /> by You will be pleased surprised as we set new benchmark in corporate privileges product. In the next 20 years, an average annual seven percent growth of air traffic is expected. January 12 2015. } You can download a full copy of the report below. This website is owned and operated by Lion Air, Feb 27, 2023, 12:55 PM Enter the departure/arrival city and other details to view our latest flight timetable. Rara Academic by Rara Theme. Now you can book your flight with Lion Air and many convenient e-payment options. 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. Lion Air First Inauguration from China: SHENZHEN BALI.Contributive Center for Creative Economy and Proud Ecosystem to Travel in Indonesia (BBWI), Lion Air Opens Umrah Flights from PADANG Serving Direct Flights (Without Transit) to SAUDI ARABIA, Launching Direct Trading Ecosystem, Pos Indonesia Group and Lion Air Group Make It Easier for UMKM Players, Circular Letter No. Both the pilot and co-pilot were experienced - the pilot had over 6,000 flying hours . (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;iInvestor Relations | Lion Group Holding Ltd. Friendly and yet always professional, ours is a unique business to work in. Check and view the status of your reservation, amend passengers details and reprint E-Ticket. Financial Results. 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, - Indonesia Enters Economic Recession in Q3-2020, 2020 Edition (2nd Half): the Great Islamic Bank Merger, In-depth columns and analyses of Indonesia's sectors, companies and commodities, Updates on political, economic and social matters, For investment ideas and how to realize them, Airports in Indonesia; Yogyakarta International Airport Officially Opened, Indonesia Investments' November 2020 Report: Indonesia-US Relations, Signing of Regional Comprehensive Economic Partnership (RCEP), Indonesia Investments' Subscriber Update - Trade Balance October 2020, Indonesia Investments' Subscriber Update - Rupiah Performance, Consumer Price Index; After 3 Straight Months of Deflation, October 2020 Brings Mild Inflation, Jakarta; Soekarno-Hatta International Airport, Copyright Van der Schaar Investments B.V. Delft The Netherlands. 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. ", "While we expect our CFD trading services to continue being a major revenue source in the near future, we cooperated with Yun Tian Investment Limited, which has dispatched a team of talent in the areas of finance, technology, and marketing, to further advance our development in the TRS trading business. He is subject to annual When typing in this field, a list of search results will appear and be automatically updated as you type. Learn how were delivering on our priorities. It's a self service! Financial Reporting. 5. A Lion Air Boeing 737-900ER at Ngurah Rai International Airport in Bali, Indonesia A Wings Air ATR 72-500 PT. Our business is also uniquely structured for growth as the only local carrier of air cargo between Indonesian destinations. Thai Lion Air got 1 in 6 Airlines Popular Vote from Chinese Tourists. Net cash used in investing activities was $6.6 million. PKAir.com. I am delighted to report that Liontrust has performed strongly over the past year, continuing the excellent progress made in previous years. Browse through our archive of press releases and other latest news. The 792 sq. .site-content #primary .post .post-thumbnail { The Company intends to build a professional SPAC sponsorship team, evolve, and develop SPAC sponsorship into a key business segment with plans to sponsor at least one more SPAC by the end of 2021. The Board is also responsible for ensuring that the accounting. The Lion Air promise to put the customer and their experience of travelling with us on the forefront of everything we do. Indonesia's new airline Super Air Jet bets on millennials and post 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 . Since our first flight in 2000, Lion Air has grown rapidly to become Indonesia's preferred domestic airline. Annual Report | Liontrust Asset Management PLC