AWAS completes deal for four new aircraft with Lion Air Airline using aircraft to expand routes and frequencies

AWAS has announced an agreement with PT Lion Mentari Airlines (Lion Air) for three 737-800s and one Airbus A320, with the first aircraft from the deal due to be delivered today. These are new aircraft that the airline had purchased directly from the respective manufacturers. AWAS is providing a financing solution for all four aircraft and will then place them on long-term leases with Lion.

The 737NGs and A320 will be assigned to airlines in the Lion Group or its overseas affiliates.

Mr. Rusdi Kirana, President Director of Lion Group says, “We are very pleased to expand our relationship with AWAS. Their team has proved to us that they operate a very customer-centric and flexible model, focused on helping Lion Air with our planned expansion and growth across the group. AWAS took the time to understand our unique business model and provide the flexibility we require.”

Ray Sisson, President & CEO AWAS stated, “Lion Air is one of the world’s most dynamic airlines, successfully and profitability serving a region with explosive growth. All of AWAS is very proud to be able to further our relationship with them. AWAS will continue to be a strong player in assisting our global airline customers with financing solutions for their aircraft orders.”

Lion Air launched in Indonesia in 2000 with one aircraft. Today, Lion Air Group airlines now flies to more than 36 cities in Indonesia and many other destinations such as, Singapore, Malaysia and Vietnam on a fleet of brand new Boeing aircraft, with additional new Airbus A320 and Boeing aircraft on order. As the largest private carrier in Indonesia, we offer passengers not only affordable airfares in the market, but safe, comfortable, reliable and convenient air travel. Lion Air Group is proud to create opportunities for new travellers as well as empowering budget-conscious customers to fly more often by making travel affordable with its consistent low fares.