lion air group annual report

Total number of revenue-generating client accounts increased by 23.8% to 5,010 from 4,047 last year. Net loss was $3.4 million for the year of 2020, as compared to a net income of $8.2 million in 2019. ", "As we head into the new year, we remain confident in our long-term strategies and ongoing developments. ajaxurl = typeof(ajaxurl) !== 'string' ? Subscribe to receive the latest promotional fares and news of Lion Air. [3] In response, Lion Group announced a full-service competitor to Garuda Indonesia in the form of Batik Air. KDB offers clients a broad range of financial products and services through its expertise in corporate banking, investment banking, and corporate restructuring. ft. home is a 2 bed, 1.0 bath property. Creating the energy technologies of the future and improving the power networks that we depend on today. We invite you to be part of Thailand's fastest growing airline and experience our brand, new fleet of Boeing 737-900ER and Boeing . 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. We understand that your travel plans can change due to last-minute circumstances, but there is no reason why your rates should too. Total revenues decreased by 44.8% yoy to $10.2 million for the year ended December 31, 2020, from $18.5 million for the year ended December 31, 2019, primarily due to: (i) a decrease in market marking commission income; (ii) a decrease in futures and securities brokerage income; and (iii) a decrease in insurance brokerage income, slightly offset by an increase in trading profits. and an expansive route network across Indonesia. 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. Read the latest GE financial news releases and stories. 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. Total revenue-generating CFD (contract for difference) client trading accounts increased by 44.8% to 2,668 from 1,843 last year. The airline group is founded on the success of Lion Air, which was founded in 1999. The latter includes the lack of appropriate sized airports (including runways) and tollways/railway tracks to and from airports. 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. As our slogan Freedom to fly will make you feel freedom to fly to your destinations. Mr. Wang has approximately 14 years of financial industry experience and approximately 10 years of quantitative trading and technology-related experience. Both the pilot and co-pilot were experienced - the pilot had over 6,000 flying hours . Find answers to the most frequent questions Lion Air customers are asking about bookings, payment, flight changes or other popular topics. Click hereto see the schedule for the 1st semester of the academic year 2020-2021. 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 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. DEFINITIONS : The Corporate will be deem to have accept the Conditions on behalf of you, your company or organization a company or a juristic partnership incorporate are Limited Partnership, Company Limited and Public Limited Company of the Corporates Staff who use the account. Since our first flight in 2000, Lion Air has grown rapidly to become Indonesia's preferred domestic airline. I am delighted to report that Liontrust has performed strongly over the past year, continuing the excellent progress made in previous years. Lion Air Group added more than 40 airplanes in 2022, but at a conference in Jakarta on December 28th, a senior executive from the Lion Air Group, Daniel Putut Kuncoro Adi, said that those planes comprised just half of what the group needs. 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"}}; Super Air Jet (47 aircraft) Thai Lion Air (12 aircraft) Wings Air (69 aircraft) Headquarters. Access GEs recent and historic Annual Reports and accompanying materials. Answer :Please click here to registering. Training activities in the Training Center of Lion Air Group using computer systems and internet. by 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. From a financial perspective, the Group has increased profits before tax, the profitability of the business, earnings and dividends paid to shareholders. Discover how our people & technology are solving global issues, improving lives, and changing industries. 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. 507 Country Club Rd , Red Lion, PA 17356-9278 is a single-family home listed for-sale at $139,999. 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. 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. Revenue is expected to grow by 260% to 300% to reach between $37.0 million and $41.7 million for the full year 2021. Fleet Size. 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. 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. lion air group annual report. 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. Were always on the look out for highly motivated and service oriented people who are ready to make their mark on our operations. [16], Lion Parcel has taken measures to control their environmental effect by use of electric vehicles produced by GESITS (PT Wika Industri Manufaktur). Their services is door-to-door delivery enhanced with Innovation and Technology. Words From Usages, Change of plans? Words From Usages, Through its state-of-the-art technology, Lion offers contract-for-difference (CFD) trading, total return swap (TRS) trading, insurance brokerage, futures brokerage, and securities brokerage on its platform, which can be accessed through applications available on the iOS, Android, Windows, and macOS systems. Were deeply proud of GE employees around the world rising to the challenge. The Lion Air Group primarily competes with the Malaysian-based low-cost carrier, AirAsia and domestic competitor and national airline Garuda Indonesia. At GE, we rise to the challenge of building a world that works. GE's dedicated team, leading technology, and global reach and capabilities help the world work more efficiently, reliably, and safely. Copyright 1996-2023 Lion Corporation. As of 31 December 2017, total fleet size stood at 299 aircraft comprising of ATR72s, B737NG, B737MAX, A320CEO and A330CEO. Can't Wait for Eid Holiday 2023?Lion AirIs Ready to Face It! 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. 5. img.wp-smiley, In addition, the Company also received US$6.44 million in consideration of the issuance of Series A Convertible Preferred Shares along with February 2021 Warrants. All rights reserved. By telling us your location and the type of visitor you are, we can show the most relevant and interesting content for you and provide the best possible experience throughout the website. Read GEs 2022 Proxy Statement, vote your shares and access the 2022 Annual Meeting. Net cash provided by financing activities was $2.6 million. box-shadow: none !important; A one stop centre - Lion Facility village. Tune in or catch up on GEs latest investor events and reports. Conquering your tomorrow Easy as A,B,C. Financial Results, Video Streaming of Results Presentation (Including Q&A) for the Fiscal Year Ended December 31, 2022, Feb. 13, 2023 records of the Group are properly kept. 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. Our business is also uniquely structured for growth as the only local carrier of air cargo between Indonesian destinations. Copyright by Lion Air. New planes in 2023. [8] Operations The Lion Air Group are based in three different countries in Southeast Asia and have several operations, most of which are airlines. In 2018, we carried 36.8 million passengers nearly 35% of all air travelers in the country to the islands, cities and communities Update, Feb. 28, 2023 Check and view the status of your reservation, amend passengers details and reprint E-Ticket. He is subject to annual Indonesia Investments Report - January 2023Edition, Jakarta Composite Index (6,895.71) +0.05 +0.00%, Central Bank BI 7-Day Reverse Repo February 2023 5.75%. Heres what our network looks like, and you can be sure its gonna be exciting. Enjoy great saving and be rewarded at the same time and much more. Get your seat by booking our pre-reserved seats for the convenience of your trip. Contact information for general inquiries and feedback. display: inline !important; Lion Express also known as Lion Parcel is a subsidiary company of Lion Air Group, is the logistic company that serves nationwide and Asia. 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. 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. Where can I obtain more information on Thai Lion Air Corporate Privileges? You will be pleased surprised as we set new benchmark in corporate privileges product. Copyright Liontrust Asset Management PLC 2001-2023. A convenient gateway for you to pay for add-ons, booking reference and more. 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. Financial Report Selected; Stock Information; IR Schedule; Year Search. Save. See "Liquidity" below. Japanese Weasel Spirit, With the growth of aviation and travel within Indonesia, Lion Air founded Wings Air in 2003, a regional carrier wholly owned by Lion Air. The airline group is expecting to expand operations in South Asia, namely countries . Relaxing escapades, shopping heaven or simply a new adventure, Explore and discover the wide-range of destination we have offer. PT Lion Mentari Airlines (Lion Air) is the largest privately held airline in Indonesia. Net cash used in investing activities was $6.6 million. Cross-border investment has become more and more popular, which continues to benefit the business of cross-border internet brokerages. The Board is also responsible for ensuring that the accounting. width: 1em !important; It's a self service! by Request for cancellation and get your refund. Explore the latest stories, news, downloads, and press tools. Report on pages 12 to 14 of this Annual Report. 2016.01.12 PDF - 350 Kb. Plow In Tagalog, padding: 0 !important; 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. 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. Access the latest press releases, media contacts, and press tools. PT Lion Group is a privately owned, airline holding company, based in Indonesia. The Airline has successfully completed the operational Safety Audit and has entered into the IOSA Registry. Lion Air Public Relations, Jan 3, 2023, 13:45 PM This course is designed for Lion Group Employee to improve Public Speaking Skill by using several methods such as Discussion, Presentation and Speech. In March 2021, the Company launched the sponsorship of two SPAC companies in cooperation with other parties. 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. Note : * USD1 : RM4.150. Moreover, a political development will provide new opportunities in Southeast Asia's aviation sector from 2015 onwards. 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.

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