PT Lion Group is a privately owned, airline holding company, based in Indonesia. . If your flight got schedule changed or cancelled by airline, you are getting complimentary flight change. The Board is also responsible for ensuring that the accounting. Access to the platform. Offering a suite of products to help unlock the full potential of additive manufacturing. Here you can read highlights from Liontrust Asset Management PLC'sAnnual Report & Financial Statements 2022, published in July 2022. Lion introduced a Vietnamese-language version of its CFD trading platform, Lion Brokers Pro, in October 2020. 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. All rights reserved. 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. Explore a career with us. Lion intends to leverage its competitive advantage as one of the few cross-border internet brokerages that offer TRS trading services to Chinese investors. Lion Air Public Relations, Feb 22, 2023, 11:42 AM Copyright by Lion Air. In addition to Vietnam, Lion intends to target Singapore and Thailand in the next tranche of its strategic plan to expand into Southeast Asia. . IR news and information for investors on Lion stock and financial performance. We are planning to launch a fintech business through the prospective acquisition of Lion Fintech, which holds a proprietary trading license for crypto assets in Dubai. Subscribe to receive the latest promotional fares and news of Lion Air. Glacial Landforms Upsc. Access important shareholder information. Financial Results, Video Streaming of Results Presentation (Including Q&A) for the Fiscal Year Ended December 31, 2022, Feb. 13, 2023 ", "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. Southeast Asias most populous nation. About Lion Air Group. Since the beginning of 2020, hundreds of billions of capital from mainland China flowed southward and outside of China, boosting Hong Kong and U.S. financial markets. Lion Air Public Relations, Attention! The airline group is expecting to expand operations in South Asia, namely countries . Change of plans? Get your seat by booking our pre-reserved seats for the convenience of your trip. ANNUAL REPORT 2019 Lion Corporation Fiscal year ended December 31, 2019 This manuscript is for audit. 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. Check and view the status of your reservation, amend passengers details and reprint E-Ticket. 343 Aircraft (+ 10 On Order/Planned) Average Fleet Age 1. The ability to book now and pay later. 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. This would allow the group to further encroach on AirAsia's market share, as well as compete with local low-cost carrier Nok Air. GE's dedicated team, leading technology, and global reach and capabilities help the world work more efficiently, reliably, and safely. 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. Now you can book your flight with Lion Air with convenient e-payments options. The Airline has successfully completed the operational Safety Audit and has entered into the IOSA Registry. Commercializing GEs technology and IP to accelerate growth and achieve market differentiation. The billionaire has gone from selling typewriters to build one of fastest-growing airlines. 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. } You will be notified via email once your application has been approved. Our Business. Update, Feb. 28, 2023 Lion Air Public Relations, Jan 25, 2023, 18:17 PM It is a low-cost carrier that currently accounts for around 40 percent of the Indonesian market share, thus making it Indonesia's biggest airline in terms of domestic market share. Were continuing to do all we can to support our customers and employees during this unprecedented time. CFD trading volume decreased by 72.3% to 223,018 lots from 806,111 lots last year. 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. [6][7], In 2017, the Lion Air Group managed to surpass 50% market share domestically for the first time.[8]. All rights reserved. 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. The Corporate gives you flexibility to make urgent travel plans and allows you to be in control of your companys travel plan and expenditure. 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 Korea Development Bank (KDB"), founded in 1954, is a largest government-owned policy bank in Korea. Start enjoying the benefits of membership by earning miles and redeem free flights whenever you fly with us. Our focus, however, has remained the same cost-efficient operations and an absolute commitment Seriousness in the Global Network: Facilitating Foreign Travel and Contributing to the Target of 7.4 Million Foreign Tourist Visits to Indonesia. 'http://mibcom.ase.ro/wp-admin/admin-ajax.php' : ajaxurl; Thousands of U.S. dollars Millions of yen [Note 2(d)] LIABILITIES AND EQUITY 2019 2018 2019 Liabilities Current liabilities: Futures brokerage trading volume decreased by 19.0% to 738,444 lots from 911,693 lots last year. Our success in becoming the countrys leading low-cost carrier has been built on delivering exceptional fare value to customers, ensuring convenient flight schedules and creating a route network vital to the interests of the 260 million people in 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. Simply make a booking now to get the Best Flexible Rates and make your stay a memorable one. Total number of revenue-generating client accounts increased by 23.8% to 5,010 from 4,047 last year. Change of plans? Our business is also uniquely structured for growth as the only local carrier of air cargo between Indonesian destinations. Fit for travellers looking for both comfort and value. HONG KONG, March 30, 2021 /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. Financial Reporting. 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. Another stumbling block is that tough competition has seriously reduced profit margins for the airlines, while capital investments remain high. 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. JT610 departed from Jakarta airport on runway 25L, at 06:20 local time on 29 October / 23:20 GMT on 28 October. Recently, Lion has taken the lead in launching its TRS trading service, which complements existing southbound trading in the market. As our slogan Freedom to fly will make you feel freedom to fly to your destinations. 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%. ajaxurl = typeof(ajaxurl) !== 'string' ? Copyright Liontrust Asset Management PLC 2001-2023. Download Annual Report (136.19 MB) View Interactive Annual Report . Net cash used in investing activities was $6.6 million. Moreover, Indonesia's investment grade status makes it cheaper for domestic companies to finance expansion. 3. 8 of 2021 Task Force handling Covid-19 on International Travel Health Protocols During the Corona Virus Disease Pandemic 2019 (Covid-19). Beat the queue and check-in with our web, mobile and kiosk check-in facilities. A convenient gateway for you to pay for add-ons, booking reference and more. For the Full Year ended December 31, 2020. margin: 0 .07em !important; Log out Extend login session. The Lion Air promise to put the customer and their experience of travelling with us on the forefront of everything we do. border: none !important; Copyright 1996-2023 Lion Corporation. .post-navigation { 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. LEO Group) which is part of the wider Lion Group. Financial Report Selected; Stock Information; IR Schedule; Year Search. We connect capital to infrastructure and deliver innovative financial solutions that help make the world work better. by This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words From Usages, All Rights Reserved. Our latest addition of Boeing 737-900ER will enable us to offer more non-stop flights. Relaxing escapades, shopping heaven or simply a new adventure, Explore and discover the wide-range of destination we have offer. 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. 2016-2020. Creating the energy technologies of the future and improving the power networks that we depend on today. Learn about governance at GE, including the latest Proxy Statement and information about the GE Board of Directors. 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. Request for cancellation and get your refund. See "Liquidity" below. Now you can book your flight with Lion Air and many convenient e-payment options. PT. Close. 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. Annual Report 2021. Deep Learning With Pytorch Manning Pdf, [3] In response, Lion Group announced a full-service competitor to Garuda Indonesia in the form of Batik Air. Super Air Jet (47 aircraft) Thai Lion Air (12 aircraft) Wings Air (69 aircraft) Headquarters. 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. Retrieve Booking Check and view the status of your reservation, amend passengers details and reprint E-Ticket. TAN SRI CHENG HENG JEm joined the Board on 24 February 1997 and is a Non-Executive Director of the Group. 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 2021-2025. Annual meeting Annual meeting. Lion cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. 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. Japanese Weasel Spirit, 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. display: none; At GE, we rise to the challenge of building a world that works. 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. As a leading domestic airline and disciplined low-cost carrier, we offer flights to value-conscious customers who focus on price, frequency of flights, 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. Heres what our network looks like, and you can be sure its gonna be exciting. FINANCIAL AND OPERATING HIGHLIGHTSAll comparisons are made on a year-over-year ("yoy") basis. 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. Despite these challenges, we made efforts to remain competitive in the industry, largely attributable to our diverse new products and service offerings. been involved with The Lion Group for more than 25 years, primarily in The Lion Group's Property Division. [2] The airline's name derived from a combination of the countries Malaysia and Indonesia. padding: 0 !important; Glacial Landforms Upsc, Read the latest GE financial news releases and stories. Prepaid Baggage Term of Domestic Flight, in accordance with: Term of International Flight for the period 9 February 2021 until further notice, in accordance with: no city found, Please try different query or pick up from the list, Copyright by Lion Air. 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 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. 2007-2010. Who We Are; Corporate Governance . of the archipelago. Stay up to date with the latest resources for the planned spin-offs. Were deeply proud of GE employees around the world rising to the challenge. Currently, it serves over 60 destinations - both national and international (Southeast Asia and Saudi Arabia) - and operates over 226 flights per day. Learn more about our culture, businesses, and life at GE. Tune in or catch up on GEs latest investor events and reports. 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. We serve airlines, aircraft traders, lessors, investors, financial institutions and manufacturers worldwide. 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. 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 Would you like to extend the login session? Explore the latest stories, news, downloads, and press tools. -Lion appoints new director to Board of Directors. Lion Air as one of the largest private airline in Indonesia face a problem. Teks ini hanya tersedia dalam bahasa Inggris PT Lion Mentari Airlines (Lion Air) is the largest privately held airline in Indonesia. Your Company's success has been driven by the ability to generate impressive investment performance over the long term, develop excellent client relationships and service, build a powerful brand, provide regular and relevant communications, and ensure a strong infrastructure for the business. Lion Air is still banned from flying to the European Union due to safety issues. PT Lion Mentari Airlines (Lion Air) is the largest privately held airline in Indonesia. Lion Air Public Relations, Jan 3, 2023, 13:45 PM 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. 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 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. 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. AIRCRAFT REDELIVERY . Last year, Lion Air and its sister company, full-service Batik Air, were the biggest local carriers, with a market share of 35.3 per cent and 17.3 per cent respectively, according to the Transport . 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. With this initiative, they become the first logistic company in Indonesia that has implement the use of electric vehicles.[17][18][19]. Local competition from national airline Garuda Indonesia also arose in 2012, as Garuda announced intentions to form an off-shoot of its Citilink brand into its own low-cost carrier. Industry Marketing Champion 2021 for the Logistics Sector, Marketeer of the Year 2021, MARKPLUS, INC. 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. Explore GEs recent and historic SEC filings. 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. 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. by msci or any of its affiliates. 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. 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. Explore a timeline of GE technologies that have spurred transformation across the world. display: inline !important; Note : * USD1 : RM4.150. records of the Group are properly kept. To continue to expand its business network, Lion Air Group started freight business called Lion Parcel. from 8 AM - 9 PM ET. The Lion Air Group primarily competes with the Malaysian-based low-cost carrier, AirAsia and domestic competitor and national airline Garuda Indonesia. The latter includes the lack of appropriate sized airports (including runways) and tollways/railway tracks to and from airports. 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. You can download a full copy of the report below. . Lion has completed a couple of private placement transactions since the end of 2020 and acquired sufficient funds to support its upcoming business expansions. by In addition to financing, Yun Tian offers professional expertise and industry experience to advance the Company's development in TRS trading business. Click hereto see the schedule for the 1st semester of the academic year 2020-2021. Currently, the SPAC companies are in the formation stage. Lion Mentari Airlines beroperasi sebagai Lion Air adalah sebuah maskapai penerbangan bertarif rendah yang berpangkalan pusat di Jakarta, Indonesia. 01, 2023 Monthly sales February 2016. Just select a solution and we'll direct you straight to it. HONG KONG, March 30, 2021 /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 with a focus on Chinese investors, today announced its unaudited financial results for the full year ended December 31, 2020. Plow In Tagalog, Cross-border investment has become more and more popular, which continues to benefit the business of cross-border internet brokerages. 507 Country Club Rd , Red Lion, PA 17356-9278 is a single-family home listed for-sale at $139,999. Diluted net loss per ADS was $0.33 in 2020, as compared to a diluted net income per ADS of $1.16 in 2019. Access. 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. We understand that your travel plans can change due to last-minute circumstances, but there is no reason why your rates should too. In January 2021, Lion appointed Mr. Guandong (Gordon) Wang as a director of the Board of Directors. gecas.com, PK AirFinance is a leading provider and arranger of asset-based financing of commercial aircraft. by Shortly after, Lion signed a framework partnership agreement with Grandshores. by In 2017, the Lion Air Group managed to surpass 50% market share domestically for the first time. Increase your credit limit for greater financial flexibility. [1] The group consists of several airlines from Southeast Asia, currently Lion Air, Wings Air, Batik Air, Batik Air Malaysia, and Thai Lion Air. Powered by . 1. Hak Cipta Van der Schaar Investments B.V. GE's innovation engine where ideas become reality to create a better world and deliver differentiated tech across the company's industrial portfolio. Beat the queue and check-in with our web, easy and fuss-free online check-in. This course is designed for Lion Group Employee to improve Public Speaking Skill by using several methods such as Discussion, Presentation and Speech. Sustainability Report 2021 (PDF) Quarterly Statement Q3 2021 Annual Reports 2021 Jump to content . At GE, we are committed to building a more diverse workforce and a more inclusive workplace. This page was last edited on 3 March 2023, at 22:05. Revenue from 01 July 2020 to 30 June 2021 " /> We expect businesses will return to normal in June this year once large populations have received the vaccine. As of December 31, 2020, the Company's cash and restricted cash were $3.4 million (excluding $1.4 million of restricted cash), compared to $6.4 million (excluding $2.2 million of restricted cash), as of December 31, 2019. Revenue is expected to grow by 260% to 300% to reach between $37.0 million and $41.7 million for the full year 2021. 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. Learn how were delivering on our priorities. by
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