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Lion Group’s Batik Air continues rapid expansion with 19 A320 deliveries by end of 2016

Analysis

Lion Group full-service subsidiary Batik Air is planning more rapid expansion as it continues to take deliveries at clip of well over one aircraft per month. Batik has added a remarkable 24 aircraft over the last 13 months, giving it a fleet of 30 aircraft, and expects to add another 19 aircraft by the end of 2016.

The planned fleet of 49 aircraft at the end of 2016 should make Batik the third largest airline in Indonesia and eleventh largest in all of Southesat Asia. This is an almost unfathomable achievement for a start-up that only began operations in 2013.

Batik is entirely a domestic carrier with the exception of one international route to Singapore, which it launched in Aug-2015. Batik is planning to add more international destinations over the next year, including Seoul and Perth, but most of its expansion will be in the domestic market.

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