Indonesian carrier Lion Air is planning to establish an aircraft leasing business in Singapore, with the global market in mind. Industry executives familiar with the situation say Lion’s founder and President director Rusdi Kirana has had a long-held ambition to expand into the aircraft leasing business, and in recent months has made progress in achieving that goal. They say the new aircraft leasing business is to be based in Singapore, and will cater to customers worldwide. This new ...


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