lion air group annual report

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. 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. 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. Copyright 1996-2023 Lion Corporation. Would you like to extend the login session? 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. 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. 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 All rights reserved. Based on current market and operating conditions, the Company anticipates that all its businesses will recover from COVID-19 in June 2021. ft. home is a 2 bed, 1.0 bath property. 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. 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. Find answers to the most frequent questions Lion Air customers are asking about bookings, payment, flight changes or other popular topics. 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. Our focus, however, has remained the same cost-efficient operations and an absolute commitment Answer :Please email your queries to [emailprotected]and we will attend to you. As other ASEAN countries contain competitive airline companies, such as Malaysia's AirAsia and Singapore Airlines, it will be vital for Indonesian airlines to be fully prepared to meet this competition. ", "As we head into the new year, we remain confident in our long-term strategies and ongoing developments. 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. 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. Total revenue-generating CFD (contract for difference) client trading accounts increased by 44.8% to 2,668 from 1,843 last year. #nav-single { display: none; } In 2018, we carried 36.8 million passengers nearly 35% of all air travelers in the country to the islands, cities and communities He is subject to annual visit site. Guy Montagn Le Poulet Trois Pattes, Aliment 6 Lettres, Boucle For Dcroissante Python, Service Chirurgie Vasculaire, Comment Faire Avouer A Un Homme Qu'il Vous Trompe, Cohabitation Entre Touristes Et Habitants Aux Maldives, 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 . Where can I obtain more information on Thai Lion Air Corporate Privileges? by 2. "Lion Air to launch Malaysia-based budget airline", "Citilink regional expansion will further intensify competition between Garuda Indonesia and Lion Air", "Competition between Indonesian market leaders Lion and Garuda to intensify as Batik Air launches", "IATA: Lion's Batik Air to up the competition in Southeast Asia", "Thai Lion plans large expansion to capture Asian market", "Lion Air new Thailand affiliate plans late 2013 launch, providing new competition for AirAsia & Nok", "Indonesia domestic airline market: rapid growth, rivalry intensifies", "Who owns Lion Air and what do we know about its safety record? Lion cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Our key figures, our segment information, a multi-year overview and the entire management report and financial statements. Annual Report 2021. 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. Another stumbling block is that tough competition has seriously reduced profit margins for the airlines, while capital investments remain high. Lion intends to leverage its competitive advantage as one of the few cross-border internet brokerages that offer TRS trading services to Chinese investors. of the archipelago. display: none; 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. Lion's TRS trading business is currently growing steadily. Feeling hungry on-board no more as you can book our prepaid meal services. Mar. . height: 1em !important; Recently, Lion has taken the lead in launching its TRS trading service, which complements existing southbound trading in the market. PT Lion Mentari Airlines (Lion Air) is the largest privately held airline in Indonesia. Copyright Liontrust Asset Management PLC 2001-2023. } Lion has completed a couple of private placement transactions since the end of 2020 and acquired sufficient funds to support its upcoming business expansions. 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. .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; } 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. Enjoy great saving and be rewarded at the same time and much more. AIRCRAFT REDELIVERY . The Lion Air Group are based in three different countries in Southeast Asia and have several operations, most of which are airlines. 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. Lion Parcel changed vehicles in certain delivery fleets in order to use electric vehicles. Explore GEs recent and historic SEC filings. About Lion Air Group. LiontrustHeroes @LiontrustViews@LiontrustFuture@LiontrustHeroes Investor relations/Annual Report Find us 2 Savoy Court London WC2R 0EZ GOOGLE MAPS Get in touch +44 (0)20 7412 1700 info@liontrust.co.uk @LiontrustHeroes@LiontrustViews@LiontrustFuture width: 1em !important; 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. We invite you to be part of Thailand's fastest growing airline and experience our brand, new fleet of Boeing 737-900ER and Boeing . Despite these challenges, we made efforts to remain competitive in the industry, largely attributable to our diverse new products and service offerings. It's a self service! Plow In Tagalog, Were continuing to do all we can to support our customers and employees during this unprecedented time. Teks ini hanya tersedia dalam bahasa Inggris PT Lion Mentari Airlines (Lion Air) is the largest privately held airline in Indonesia. border: none !important; 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. 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 GEs recent and historic Annual Reports and accompanying materials. [6][7], In 2017, the Lion Air Group managed to surpass 50% market share domestically for the first time.[8]. From a financial perspective, the Group has increased profits before tax, the profitability of the business, earnings and dividends paid to shareholders. Flexibility to hold seats for up to 24 hours before payment. Lion Air as one of the largest private airline in Indonesia face a problem. 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. Moreover, Indonesia's investment grade status makes it cheaper for domestic companies to finance expansion. Get a more affordable price by booking our prepaid baggage at least 6 hours before departure. Total number of revenue-generating client accounts increased by 23.8% to 5,010 from 4,047 last year. The aviation industry in the Asia-Pacific region has shown robust growth in recent years. 2016.01.12 PDF - 350 Kb. Lion Air Public Relations, Jan 25, 2023, 18:01 PM In fact, it has been a firm part of our DNA for years. As of 31 December 2017, total fleet size stood at 299 aircraft comprising of ATR72s, B737NG, B737MAX, A320CEO and A330CEO. Request for cancellation and get your refund. If your flight got schedule changed or cancelled by airline, you are getting complimentary flight change. Lion introduced a Vietnamese-language version of its CFD trading platform, Lion Brokers Pro, in October 2020. . Check and view the status of your reservation, amend passengers details and reprint E-Ticket. PK has arranged aircraft acquisition/disposition and/or financing for more than 120 airlines and all aircraft types. Monthly sales February 2016. Together with our customers, were proving that no one is ever limited to only affordable, reliable, or sustainable energy. In the next 20 years, an average annual seven percent growth of air traffic is expected. ", "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. 2021-2025. 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 Jakarta. The latter includes the lack of appropriate sized airports (including runways) and tollways/railway tracks to and from airports. [3] In response, Lion Group announced a full-service competitor to Garuda Indonesia in the form of Batik Air. Net cash provided by financing activities was $2.6 million. In 2017, the Lion Air Group managed to surpass 50% market share domestically for the first time. On this Wikipedia the language links are at the top of the page across from the article title. Fleet Size. Learn about governance at GE, including the latest Proxy Statement and information about the GE Board of Directors. In addition to Vietnam, Lion intends to target Singapore and Thailand in the next tranche of its strategic plan to expand into Southeast Asia. In March 2021, the Company launched the sponsorship of two SPAC companies in cooperation with other parties. Words From Usages, In addition, the need for new products and services will further increase as our client base diversifies. All Rights Reserved. Just select a solution and we'll direct you straight to it. 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. The Board is also responsible for ensuring that the accounting. Report on pages 12 to 14 of this Annual Report. Now you can book your flight with Lion Air and many convenient e-payment options. Access. background: none !important; Their services is door-to-door delivery enhanced with Innovation and Technology. This website is owned and operated by Lion Air. (b.addEventListener("DOMContentLoaded",h,!1),a.addEventListener("load",h,!1)):(a.attachEvent("onload",h),b.attachEvent("onreadystatechange",function(){"complete"===b.readyState&&c.readyCallback()})),g=c.source||{},g.concatemoji?f(g.concatemoji):g.wpemoji&&g.twemoji&&(f(g.twemoji),f(g.wpemoji)))}(window,document,window._wpemojiSettings); lion air group annual report. Relaxing escapades, shopping heaven or simply a new adventure, Explore and discover the wide-range of destination we have offer. Deep Learning With Pytorch Manning Pdf, Plus rcents. Lion Air Group Flies to More Than 50 Leading Cities in 15 Countries. 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. The Lion Air promise to put the customer and their experience of travelling with us on the forefront of everything we do. 2011-2015. 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. Glacial Landforms Upsc. 9.1 Years. Explore a timeline of GE technologies that have spurred transformation across the world. Lion Air and related airlines currently serve the following destinations (as of August 2020): Destinations. Wherever you are headed, delight in the best rates and a smarter way to make your travel plans. IATA estimates that by 2037, Indonesia will be the fourth biggest aviation market in the world and Lion Air is proud to be playing a leading role in the countrys development. 6. Lion Air flies to more than 36 destinations, to find out more on our top destination, click here and let us take you there. Change of plans? Read GEs 2022 Proxy Statement, vote your shares and access the 2022 Annual Meeting. " /> Our latest addition of Boeing 737-900ER will enable us to offer more non-stop flights. You can change flight in your reservation. At GE, we rise to the challenge of building a world that works. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, Lion's actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Dont miss out! 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. 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 . 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. by Recently, the Northbound funds have seen good performance, and Lu Gang Tong trading is expected to increase quickly. As such, we will continue to monitor the situation and develop new products and services to keep up with customer demands and industry trends.". Learn more about our culture, businesses, and life at GE. Revenue is expected to grow by 260% to 300% to reach between $37.0 million and $41.7 million for the full year 2021. Over the past 65 years, the WBG has engaged in various projects that aimed at supporting the development of sustainable air transport networks. Note : * USD1 : RM4.150. GECAS serves ~250 customers in over 75 countries from a network of 26 offices. 2007-2010. Who We Are; Corporate Governance . The billionaire has gone from selling typewriters to build one of fastest-growing airlines. FINANCIAL AND OPERATING HIGHLIGHTSAll comparisons are made on a year-over-year ("yoy") basis. Thousands of U.S. dollars Millions of yen [Note 2(d)] LIABILITIES AND EQUITY 2019 2018 2019 Liabilities Current liabilities: Lion Air is a subsidiary of PT. Plow In Tagalog, Once you have filled up your company's details, our Corporate Executive will contact you for verification as part of our approval process. !function(a,b,c){function d(a,b){var c=String.fromCharCode;l.clearRect(0,0,k.width,k.height),l.fillText(c.apply(this,a),0,0);var d=k.toDataURL();l.clearRect(0,0,k.width,k.height),l.fillText(c.apply(this,b),0,0);var e=k.toDataURL();return d===e}function e(a){var b;if(!l||!l.fillText)return!1;switch(l.textBaseline="top",l.font="600 32px Arial",a){case"flag":return! Training activities in the Training Center of Lion Air Group using computer systems and internet. I am delighted to report that Liontrust has performed strongly over the past year, continuing the excellent progress made in previous years. Financial Results, Video Streaming of Results Presentation (Including Q&A) for the Fiscal Year Ended December 31, 2022, Feb. 13, 2023 Japanese Weasel Spirit, Transforming how industry solves its toughest challenges by bringing simplicity, speed and scale to digital transformation. display: inline !important; 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. 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. 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. } Being the world's largest archipelago (containing thousands of islands), air travel is a logical option for fast travel across the country. KDB offers clients a broad range of financial products and services through its expertise in corporate banking, investment banking, and corporate restructuring. 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