16-Oct-2012 10:01 AM
Lion Air looking to launch airlines in Singapore: president director
Lion Air president director Rusdi Kirana said the carrier plans to launch an airline in Singapore, and has informed the Changi Airport Group and Singapore Economic Development Board about his plans. As reported by The Straits Times, Mr Kirana said, "Asia is where the growth is. We have 36 jets coming every year until 2024. Lion Air is growing and Singapore is a key market for us, from where we would like to launch flights to China, Japan and the rest of Asia". Lion Air's next step is to apply for an Aircraft Operator's Licence (AOC) with the Civil Aviation Authority of Singapore. If the airline is successful with attaining the AOC, the airline will be 49% held by Lion Air with the remaining 51% held by a Singaporean company.