Friday 22 April 2016

INDONESIA: Lion Group Increased 57 Aircraft In 2015, Overtaking AirAsia

Indonesia's Lion Group continued to expand its fleet rapidly in 2015 as several of its competitors in Southeast Asia slowed growth or restructured. Lion added a remarkable 57 aircraft in 2015 – its highest figure ever – and ended the year with 236 aircraft.

In doing so Lion overtook AirAsia as the largest airline group in Southeast Asia, growing its fleet by 32% in 2015 while the AirAsia fleet shrank slightly. The Lion Group is expected to add a similar number of aircraft in 2016, further widening the gap with AirAsia.

All five Lion Group carriers grew their fleets in 2015 by at least seven aircraft. Lion currently has 191 aircraft in its home market of Indonesia, 27 in Malaysia and 18 in Thailand.

No comments: