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Lion Air eyes expansion into Australia and Thailand |
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With the help of local carriers, Indonesian-based Lion Air will be
expanding its operations into Australia and Thailand by 2014. The
venture will create separate Lion Air Australia and Lion Air
Thailand businesses.
"A cooperation agreement with an
Australian company in which 49 percent of the shares are owned by
Lion and 51 percent by the Australian side is now in the making.
Lion will base six of its aircraft in Australia," Lion Air
President Director Rusdi Kirana told ANTARA News this week.
Meanwhile, Lion Air will base four of its
aircraft in Thailand for its Lion Air Thailand business.
According to the President Director, the
carrier was drawn towards expanding into Australia and Thailand
because it was relatively easier for foreign investors to obtain
permits in these markets. Rusdi added that the expansion plan would
prove that Indonesian airlines were also capable of operating
internationally.
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