lion air group annual report

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Take a read of our in-flight magazine where you will be updated with exciting destinations, latest trends and happenings. 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. Access GE's recent and historic Annual Reports and accompanying materials. 34 of 2021 of the Ministry of Transportation concerning Guidelines for Implementing Domestic Travel During the Corona Virus Disease Pandemic 2019 (Covid-19), Circular Letter No. Net cash provided by financing activities was $2.6 million. Now you can book your flight with Lion Air with convenient e-payments options. All rights reserved. 343 Aircraft (+ 10 On Order/Planned) Average Fleet Age 1. 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. 2016.01.12 PDF - 350 Kb. How do I sign up for Thai Lion air Corporate Privileges? Can't Wait for Eid Holiday 2023?Lion AirIs Ready to Face It! 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. 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. 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. A convenient gateway for you to pay for add-ons, booking reference and more. This region is one of the world's fastest growing regions regarding air travel. Fit for travellers looking for both comfort and value. Since our first flight in 2000, Lion Air has grown rapidly to become Indonesias preferred domestic airline. Offering a suite of products to help unlock the full potential of additive manufacturing. Deep Learning With Pytorch Manning Pdf, To continue to expand its business network, Lion Air Group started freight business called Lion Parcel. Southeast Asias most populous nation. Non-GAAP net income, which excludes stock-based compensation expenses and amortization of debt discounts, was $0.3 million for the year of 2020, as compared to non-GAAP net income of $8.2 million in 2019. Lion Air Group Flies to More Than 50 Leading Cities in 15 Countries. Creating the energy technologies of the future and improving the power networks that we depend on today. Reclining leather seats with seat pitches of 29" and seat width of 17" for Economy class. Financial Results, Video Streaming of Results Presentation (Including Q&A) for the Fiscal Year Ended December 31, 2022, Feb. 13, 2023 Industry Marketing Champion 2021 for the Logistics Sector, Marketeer of the Year 2021, MARKPLUS, INC. 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. 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. 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. img.emoji { Beat the queue and check-in with our web, easy and fuss-free online check-in. Preferred shares, $.0001 par value, 50,000,000 shares authorized, none issued and outstanding as of December 31, 2020 and 2019, respectively, ClassA ordinary shares, $0.0001 par value, 300,000,000 shares, authorized, 9,627,553 and 3,140,388 shares issued and outstanding, at December31, 2020 and 2019, respectively (i), ClassB ordinary shares, $0.0001 par value, 150,000,000 shares, authorized, 9,843,096 and 3,949,993 shares issued and outstanding, Total Liabilities and Stockholders' equity. The Lion Air Group primarily competes with the Malaysian-based low-cost carrier, AirAsia and domestic competitor and national airline Garuda Indonesia. Access the latest press releases, media contacts, and press tools. By embracing diverse teams and perspectives, we are better equipped to build a world that works. Mr. Wang's diverse background and ample experience will be valuable in playing a key role to develop Lion's TRS trading business and provide insights in developing innovative products to serve the needs of our customers. This purchase involved 201 737 MAX aircrafts and 29 737-900 ER aircrafts and will boost the airline's fleet to more than 400 aircrafts by 2017. All Rights Reserved. A Lion Air Boeing 737-900ER at Ngurah Rai International Airport in Bali, Indonesia A Wings Air ATR 72-500 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. Shortly after, Lion signed a framework partnership agreement with Grandshores. This website is owned and operated by Lion Air, Feb 27, 2023, 12:55 PM by 2016.03.15 PDF - 312 Kb. 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. been involved with The Lion Group for more than 25 years, primarily in The Lion Group's Property Division. A one stop centre - Lion Facility village. Our business is also uniquely structured for growth as the only local carrier of air cargo between Indonesian destinations. Lion Dairy & Drinks Lion Beer Australia Lion New Zealand Lion Little World Beverages Our History. Despite these challenges, we made efforts to remain competitive in the industry, largely attributable to our diverse new products and service offerings. Conquering your tomorrow Easy as A,B,C. Lion Air Public Relations, Jan 25, 2023, 18:17 PM On this Wikipedia the language links are at the top of the page across from the article title. Over the past 65 years, the WBG has engaged in various projects that aimed at supporting the development of sustainable air transport networks. TAN SRI CHENG HENG JEm joined the Board on 24 February 1997 and is a Non-Executive Director of the Group. From a financial perspective, the Group has increased profits before tax, the profitability of the business, earnings and dividends paid to shareholders. Check and view the status of your reservation, amend passengers details and reprint E-Ticket. from 8 AM - 9 PM ET. The company was founded by Rusdi Kirana in the late 1990s and first flew the sky in 2000. Strategically, Liontrust delivered strong net sales, increased its AuMA and agreed the acquisition of Majedie Asset Management (which completed in April 2022) even while Covid lockdowns were still operational. 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. Download Annual Report (136.19 MB) View Interactive Annual Report . Least Mean Square Algorithm In Neural Network Ppt, Editorial Policy and Guideline Reference Tables, Sustainability Material Issues and Objectives for 2030, Results of the 2020 Sustainability Material Issues, Establishing Cleanliness and Hygiene Habits, Lion Group's Social Contribution Activities, Environmental Approach and Policy / Management, Environmental Objectives and Achievements, Environmentally Friendly Technologies in the Chemicals Business, Approach to Quality Assurance, Safety and Reliability, Reinforcing the Provision of Information to Customers, Promoting Sustainability with Materials Manufacturers and Production Contractors, Aiming for Sustainable Raw Material Procurement, Enhancing the Occupational Safety Management System, GRI Sustainability Reporting Standards 2016 Reference Table, Reference Table for United Nations Global Compact COP (Advanced Level August 2016 Version), Capital Expenditure, Depreciation and Amortization, etc, Articles of Incorporation / Share Handling Regulations, Quarterly Financial Statements / Supplementary Materials, Creating Habits and Achieving Business Growth, New Medium-term Management Plan Vision2030 1st STAGE, Directors, Audit & Supervisory Board Members and Executive Officers, Management's Discussion and Analysis of Fiscal 2021 Results, External Evaluations and Participation in External Organizations. Their services is door-to-door delivery enhanced with Innovation and Technology. PT. I am delighted to report that Liontrust has performed strongly over the past year, continuing the excellent progress made in previous years. For the Full Year ended December 31, 2020. We serve airlines, aircraft traders, lessors, investors, financial institutions and manufacturers worldwide. Lion Air as one of the largest private airline in Indonesia face a problem. Transforming how industry solves its toughest challenges by bringing simplicity, speed and scale to digital transformation. 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. On July 16, 2020, Lion announced the official launch of "Lion Lu Gu Tong," its total return swap (TRS) service that offers A-shares (shares that are denominated in Renminbi and traded on the Shanghai Stock Exchange and Shenzhen Stock Exchange) and Hong Kong stock basket-linked TRS. In cooperation with Grandshores, Lion plans to expand into the blockchain industry, including, but not limited to, investment in cryptocurrency mining, investment in private blockchain technology companies, and issuance of mainstream digital currency trust funds. 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 . 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. 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. An editorial and printing agency will read proofs about space, font, character, and lay out all over annual report. In addition to Vietnam, Lion intends to target Singapore and Thailand in the next tranche of its strategic plan to expand into Southeast Asia. About Lion Air Group. Futures and securities brokerage services. 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. Copyright 1996-2023 Lion Corporation. 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 3 countries - Lion Air, Wings Air, Batik Air, Malindo Air in Malaysia and Thai Lion Air in Thailand. 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. nathalie baye et johnny rupture Publi le 5 juin 2022. .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; } Jakarta. The 792 sq. PKAir.com. Lion Air - We Make People Fly MANAGE BOOKING TRAVEL PROMOTION LION EXPERIENCE ABOUT US Web Check-in Beat the queue and check-in with our web, mobile and kiosk check-in facilities. Total number of revenue-generating client accounts increased by 23.8% to 5,010 from 4,047 last year. Wherever you are headed, delight in the best rates and a smarter way to make your travel plans. 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. margin: 0 .07em !important; }. 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. 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. Enjoy great saving and be rewarded at the same time and much more. 01, 2023 As our slogan Freedom to fly will make you feel freedom to fly to your destinations. Learn more about our culture, businesses, and life at GE. Feeling hungry on-board no more as you can book our prepaid meal services. 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. We invite you to be part of Thailand's fastest growing airline and experience our brand, new fleet of Boeing 737-900ER and Boeing . For example, we launched our TRS trading services to allow international investors to invest in the Chinese stock market. #nav-single { display: none; } The Korea Development Bank (KDB"), founded in 1954, is a largest government-owned policy bank in Korea. Answer :Please click here to registering. At GE, we are committed to building a more diverse workforce and a more inclusive workplace. This forecast reflects the Company's current and preliminary views, which is subject to change, including any potential future impact of the COVID-19 pandemic, the effects of which are difficult to analyze and predict. Note : * USD1 : RM4.150. Lion Air Public Relations, Jan 5, 2023, 11:53 AM by 8 of 2021 Task Force handling Covid-19 on International Travel Health Protocols During the Corona Virus Disease Pandemic 2019 (Covid-19). Japanese Weasel Spirit, border: none !important; ", "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. 2. Annual meeting Annual meeting. Explore a timeline of GE technologies that have spurred transformation across the world. Total revenue-generating CFD (contract for difference) client trading accounts increased by 44.8% to 2,668 from 1,843 last year. Mr. Wang has approximately 14 years of financial industry experience and approximately 10 years of quantitative trading and technology-related experience. Copyright 1996-2023 Lion Corporation. 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. In March 2021, the Company launched the sponsorship of two SPAC companies in cooperation with other parties. 6. This would allow the group to further encroach on AirAsia's market share, as well as compete with local low-cost carrier Nok Air. LEO Group) which is part of the wider Lion Group. Lion Air made global headlines when in November 2011 it ordered 230 aircrafts from Boeing for the price of USD $21.7 billion. [2] The airline's name derived from a combination of the countries Malaysia and Indonesia. Lion Express also known as Lion Parcel is a subsidiary company of Lion Air Group, is the logistic company that serves nationwide and Asia. Subscribe to receive the latest promotional fares and news of Lion Air. This page was last edited on 3 March 2023, at 22:05. Revenue is expected to grow by 260% to 300% to reach between $37.0 million and $41.7 million for the full year 2021. Read the latest GE financial news releases and stories. Simply make a booking now to get the Best Flexible Rates and make your stay a memorable one. Become a part of Thai Lion Air, Thais fastest growing airline with a lowest price concept. by Would you like to extend the login session? by [1] The group consists of several airlines from Southeast Asia, currently Lion Air, Wings Air, Batik Air, Batik Air Malaysia, and Thai Lion Air. Plus rcents. Futures brokerage trading volume decreased by 19.0% to 738,444 lots from 911,693 lots last year. Powered by . Learn about governance at GE, including the latest Proxy Statement and information about the GE Board of Directors. body.custom-background { background-image: url("http://mibcom.ase.ro/wp-content/uploads/2018/07/FOND-GENERAL1.jpg"); background-position: left top; background-size: cover; background-repeat: no-repeat; background-attachment: fixed; } . Flexibility to hold seats for up to 24 hours before payment. Answers to popular and relevant inquiries. Our focus, however, has remained the same cost-efficient operations and an absolute commitment Our Business. Retrieve Booking Check and view the status of your reservation, amend passengers details and reprint E-Ticket. Update, Feb. 28, 2023 Deep Learning With Pytorch Manning Pdf, With this initiative, they become the first logistic company in Indonesia that has implement the use of electric vehicles.[17][18][19]. width: 1em !important; Report Writing Methodology course. CURRENT ANNUAL REPORT; ARCHIVES + Notice of Meeting + Corporate Information + 5 Years Group Financial Highlights + Review of Operations + Corporate Developments + Financial Statements + Form of Proxy + FULL REPORT + 2015 + 2014 + 2013 + 2012 + 2011 + 2010 + 2009 + 2008 + 2007 + 2007 + 2006 + 2005 + 2004 When typing in this field, a list of search results will appear and be automatically updated as you type. Net cash provided by operating activities was $0.1 million. .post-navigation { Were continuing to do all we can to support our customers and employees during this unprecedented time. The airline group is expecting to expand operations in South Asia, namely countries . Least Mean Square Algorithm In Neural Network Ppt, Log out Extend login session. Net cash used in investing activities was $6.6 million. As of 31 December 2017, total fleet size stood at 299 aircraft comprising of ATR72s, B737NG, B737MAX, A320CEO and A330CEO. 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. ", "As we head into the new year, we remain confident in our long-term strategies and ongoing developments. Moreover, a political development will provide new opportunities in Southeast Asia's aviation sector from 2015 onwards. Financial Report Selected; Stock Information; IR Schedule; Year Search. 2007-2010. Who We Are; Corporate Governance . records of the Group are properly kept. Additional information may be found at http://ir.liongrouphl.com. Matters that are frustrating efficiency of Indonesia's aviation business are shortages of human resources (for example pilots), inadequate air traffic management as well as lacking facilitating infrastructure for air travel. In addition to financing, Yun Tian offers professional expertise and industry experience to advance the Company's development in TRS trading business. The company was founded by Rusdi Kirana in the late 1990s and first flew the sky . GE's innovation engine where ideas become reality to create a better world and deliver differentiated tech across the company's industrial portfolio. Diluted net loss per ADS was $0.33 in 2020, as compared to a diluted net income per ADS of $1.16 in 2019. 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. Our key figures, our segment information, a multi-year overview and the entire management report and financial statements. Lion cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. . Since our first flight in 2000, Lion Air has grown rapidly to become Indonesia's preferred domestic airline. Were always on the look out for highly motivated and service oriented people who are ready to make their mark on our operations. In combination with poor management, this has taken a few victims in recent years: Mandala Airlines (a takeover by private equity firm Saratoga Capital and Tiger Airways eventually saved the company), Pacific Royale, and Batavia Air. 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. Thai Lion Air got 1 in 6 Airlines Popular Vote from Chinese Tourists. You will be pleased surprised as we set new benchmark in corporate privileges product. Request for cancellation and get your refund. Lion intends to leverage its competitive advantage as one of the few cross-border internet brokerages that offer TRS trading services to Chinese investors. 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 Save. 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. Thousands of U.S. dollars Millions of yen [Note 2(d)] LIABILITIES AND EQUITY 2019 2018 2019 Liabilities Current liabilities: Lion Corporation Berhad. 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. by JT610 departed from Jakarta airport on runway 25L, at 06:20 local time on 29 October / 23:20 GMT on 28 October. Now you can book your flight with Lion Air and many convenient e-payment options. Least Mean Square Algorithm In Neural Network Ppt, Master in International Business Communication, http://mibcom.ase.ro/wp-content/uploads/2016/12/14226926_1801048013464881_1715759238_n.mp4. 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. 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"}}; Both the pilot and co-pilot were experienced - the pilot had over 6,000 flying hours . Liontrust has enjoyed another successful year of growth as we continued to deliver positive outcomes for investors. With the growth of aviation and travel within Indonesia, Lion Air founded Wings Air in 2003, a regional carrier wholly owned by Lion Air. } You can download a full copy of the report below. Lion Air flies to more than 36 destinations, to find out more on our top destination, click here and let us take you there. The Corporate gives you flexibility to make urgent travel plans and allows you to be in control of your companys travel plan and expenditure. 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. IR news and information for investors on Lion stock and financial performance. 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). The latter includes the lack of appropriate sized airports (including runways) and tollways/railway tracks to and from airports. Lion AirSupports Economic Activities and Mobilization of Western IndonesiaNow,Banda Aceh to Jayapura is faster traveled. . Transport. See "Liquidity" below. Get your seat by booking our pre-reserved seats for the convenience of your trip.

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