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Flybe sign major expansion deal at London City Airport

Flybe sign major expansion deal at London City Airport

Flybe has signed a five-year agreement with London City Airport to commence domestic and international operations from October 2014.
Thai AirAsia X gears up for a June launch

Thai AirAsia X gears up for a June launch

Thailand’s first long-haul low-cost airline aims to “strengthen AirAsia’s route network and create more affordable long-haul travel opportunities from Bangkok.” 
Wizz Air set for further Polish expansion

Wizz Air set for further Polish expansion

Wizz Air is adding a fifth aircraft at its Gdansk base to support a new Malta service.
Air Arabia poised to add second UAE hub

Air Arabia poised to add second UAE hub

Air Arabia is set to launch direct services to eight destinations from Ras Al Khaimah in an effort to boost the emirate’s “rapidly growing tourism sector.” 
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Boeing finalises its biggest order with troubled Lion Air

News Tuesday, 14 February 2012 10:51 Written by  Oliver Clark

 

Privately-owned Indonesian carrier Lion Air has finalised a record order for 230 aircraft from Boeing, including 201 B737 MAXs and 29 Next-Generation B737-900ERs, as it seeks to expand within the Asia-Pacific.

 

The carrier, which already operates to 36 destinations mainly within the Indonesia archipelago, also placed an option for 150 more aircraft as part of the biggest single aircraft deal in Boeing’s history and which was signed in the presence of US President Obama.

 

The manufacturer claims the 737 MAX will 10-12% more fuel efficient than current single aisle aircraft.

 

Lion Air currently operates international services to Vietnam, Kuala Lumpur and Singapore and has made its determination to expand its route network clear. It states on its website that “Soon, you’ll be able to fly extensively throughout the Asia Pacific region with Lion Air”.


Speaking to Reuters on the eve of the Singapore Airshow, CEO Rusdi Kirana told Reuters the with the completion of the aircraft deal, a delayed bid public flotation of the company was now likely to take place within the next two years.

 

The airline has been embroiled in scandal after two pilots were arrested on drug charges. It also remains on the EU’s list of airlines banned from operating in European airspace.

 

Kirana said Lion Air currently held a 51% share of the domestic market and aimed to go public when this reached 60%, something he estimated would happen "in the next two years"

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