Arab News
JEDDAH: King Abdulaziz International Airport (KAIA) received the inaugural flight of Lion Air of Indonesia and Al-Watania of Kuwait, according to reports over the weekend.
Lion Air had 496 passengers on board arriving from Jakarta. The airline will be flying three times a week to Jeddah from Jakarta.
Expressing his pleasure over the inaugural landings, the airport’s director, Mazen Khashoggi, said: “Such developments at KAIA are part of the strategic growth plan set to meet the required passenger capacity and growing demand.”
KAIA accommodates the needs of three national airlines and 60 foreign airlines, offering the highest levels of technical support and security measures for the aviation industry. The airport currently handles up to 18 million passengers a year and is expanding its capacity and capabilities including new terminals to serve the anticipated increase of pilgrims, as well as tourists and business travelers both from within the Kingdom and overseas. Lion Mentari Airlines (operating as Lion Air) is Indonesia’s largest private carrier and Asia’s first hybrid carrier, which offers both Economy and Business class seating, based in Jakarta.
It operates scheduled passenger services on an extensive domestic network from Jakarta and also flies to certain Far East destinations. “Our flight to Jeddah is the first step of our launch toward the Middle East,” Ahmed Hassan, Lion Air’s director-general said.
Abdul Salam Al-Bahr, CEO of Al-Wataniya Airways, said the carrier, which caters to the business community, aimed to provide exceptional services between Kuwait and Jeddah in a two-class configuration — First and Economy.
Jumat, 04 Desember 2009
Indonesia's Lion Air to order 10-15 widebodies
By Leithen Francis
DATE:23/11/09
SOURCE:Air Transport Intelligence news
Indonesia's largest privately-owned carrier Lion Air plans to place an order for widebodies and wants first deliveries in 2011.
Lion plans to order 10-15 widebodies and is interested in Airbus A330-300s and Boeing 777-200ERs, says Lion Air president Rusdi Kirana.
The carrier wants first deliveries in 2011 and plans to use the aircraft in the day on busy domestic trunk routes and fly the aircraft at night to destinations in Asia, he says.
They aim to make a decision by the first quarter of next year, he adds.
Indonesian carriers are unable to operate domestically at night because of airport curfews. Rusdi says, for example, that Lion Air could operate a widebody at night from Bali Denpasar to Taipei and have passengers arrive in Bali in the morning.
He says Lion plans to have the widebodies in an all-economy configuration and compete on price.
Rusdi also says Indonesia has plenty of traffic rights available because at the moment "its only Garuda flying internationally" on longer routes.
Lion can succeed on longer international routes because it has the feeder traffic, he adds.
Earlier this month Lion launched services on the Jakarta-Jeddah route using two second-hand Boeing 747-400s that it bought.
Rusdi says its passenger load factor on the route is 90-100%.
Lion's main fleet comprises of 26 Boeing 737-900ERs and it is adding one a month and plans to have a total of 30 by year-end, says Rusdi.
In addition, it has five Boeing MD-80s but these are used as stand-by aircraft and will be phased out mid next year, he says.
Lion has also signed a firm order for 15 ATR 72-500s with the first three aircraft due to arrive in December although an exact date has yet to be set, he adds.
DATE:23/11/09
SOURCE:Air Transport Intelligence news
Indonesia's largest privately-owned carrier Lion Air plans to place an order for widebodies and wants first deliveries in 2011.
Lion plans to order 10-15 widebodies and is interested in Airbus A330-300s and Boeing 777-200ERs, says Lion Air president Rusdi Kirana.
The carrier wants first deliveries in 2011 and plans to use the aircraft in the day on busy domestic trunk routes and fly the aircraft at night to destinations in Asia, he says.
They aim to make a decision by the first quarter of next year, he adds.
Indonesian carriers are unable to operate domestically at night because of airport curfews. Rusdi says, for example, that Lion Air could operate a widebody at night from Bali Denpasar to Taipei and have passengers arrive in Bali in the morning.
He says Lion plans to have the widebodies in an all-economy configuration and compete on price.
Rusdi also says Indonesia has plenty of traffic rights available because at the moment "its only Garuda flying internationally" on longer routes.
Lion can succeed on longer international routes because it has the feeder traffic, he adds.
Earlier this month Lion launched services on the Jakarta-Jeddah route using two second-hand Boeing 747-400s that it bought.
Rusdi says its passenger load factor on the route is 90-100%.
Lion's main fleet comprises of 26 Boeing 737-900ERs and it is adding one a month and plans to have a total of 30 by year-end, says Rusdi.
In addition, it has five Boeing MD-80s but these are used as stand-by aircraft and will be phased out mid next year, he says.
Lion has also signed a firm order for 15 ATR 72-500s with the first three aircraft due to arrive in December although an exact date has yet to be set, he adds.
Selasa, 07 April 2009
EX-IM BANK APPROVES OVER $1 BILLION TO SUPPORT EXPORTS OF BOEING 737-900ER
APRIL 3, 2009
Contact: Linda Formella (202) 565-3200
EX-IM BANK APPROVES OVER $1 BILLION TO SUPPORT EXPORTS OF BOEING 737-900ER
AIRCRAFT TO INDONESIA'S LION AIR
WASHINGTON, D.C.: The Export-Import Bank of the United States (Ex-Im Bank) has approved more than $1 billion in financing to support the export of up to 30 Boeing 737-900ER aircraft with CFM International aircraft engines to Lion Air in Indonesia. On April 2nd, Ex-Im Bank's board of directors approved a final authorization of $238 million and a nonbinding preliminary commitment of $841 million.
The transactions are Ex-Im Bank's first in support of the B737-900ER aircraft and the first Ex-Im Bank-supported aircraft financings for a private-sector airline in Indonesia.
The financings of aircraft under both transactions are eligible for reduced Ex-Im Bank exposure fees (risk premia) under the Cape Town Treaty and the related aircraft-equipment protocol. The Cape Town Treaty is an international treaty that facilitates the cross-border financing and leasing of aircraft, helicopters and aircraft engines. Indonesia implemented the treaty under a new aviation law that went into effect in January 2009.
"Ex-Im Bank's financing of these sales of B737-900ER aircraft to Lion Air supports jobs at Boeing's manufacturing facilities in the state of Washington and at CFM International Inc. in Cincinnati, Ohio, as well as at hundreds of small, medium-sized and large U.S. businesses that supply parts and services to Boeing and CFM," said Carol Sexton, managing director, South/Southeast Asia, Boeing Capital Corporation.
"Ex-Im Bank welcomes this opportunity to support the export of Boeing aircraft to Lion Air, a successful and growing Indonesian airline. We are very pleased that Indonesia implemented the Cape Town Treaty under its new aviation law. We are delighted to be able to offer Lion Air the reduced exposure fee available under this treaty, which reduces the legal risks associated with cross-border, asset-backed aircraft financings and leases," said Ex-Im Bank Vice President of Transportation Robert Morin.
Since 2003, Ex-Im Bank has offered a reduction of its exposure fee on aircraft and aircraft engine transactions to eligible international airlines to encourage countries to ratify and implement the treaty. To date, a total of 28 countries, including the United States, have signed, ratified or acceded to and implemented the Cape Town Treaty. Airlines have benefitted from Ex-Im Bank's more favorable terms in eight of these countries: Angola, Ethiopia, Indonesia, Kenya, Oman, Pakistan, Panama and Senegal.
More recently, and following Ex-Im Bank's lead, all export credit agencies bound by the new Aircraft Sector Understanding of the Organization for Economic Cooperation and Development are now permitted to offer discounts on the risk premia charged for their financing in support of exports of commercial aircraft, helicopters and aircraft engines to airlines in countries that have ratified and implemented the Cape Town Treaty and the related aircraft-equipment protocol.
A preliminary commitment issued by Ex-Im Bank is made in response to a preliminary application for financing, and, although nonbinding, provides an indication that Ex-Im Bank is interested in financing the type of transaction described in the application. Final approval must follow receipt of a final commitment application, review by Ex-Im Bank staff and final action by the Bank's board of directors.
In fiscal year 2008, Ex-Im Bank authorized $14.4 billion in financing to support an estimated $19.6 billion of U.S. exports worldwide. The Bank authorized more than $5.5 billion to support the export of 97 new U.S.-manufactured, large commercial aircraft to a total of 17 airlines and two aircraft leasing companies located in 15 different countries. For more information, visit www.exim.gov.
Contact: Linda Formella (202) 565-3200
EX-IM BANK APPROVES OVER $1 BILLION TO SUPPORT EXPORTS OF BOEING 737-900ER
AIRCRAFT TO INDONESIA'S LION AIR
WASHINGTON, D.C.: The Export-Import Bank of the United States (Ex-Im Bank) has approved more than $1 billion in financing to support the export of up to 30 Boeing 737-900ER aircraft with CFM International aircraft engines to Lion Air in Indonesia. On April 2nd, Ex-Im Bank's board of directors approved a final authorization of $238 million and a nonbinding preliminary commitment of $841 million.
The transactions are Ex-Im Bank's first in support of the B737-900ER aircraft and the first Ex-Im Bank-supported aircraft financings for a private-sector airline in Indonesia.
The financings of aircraft under both transactions are eligible for reduced Ex-Im Bank exposure fees (risk premia) under the Cape Town Treaty and the related aircraft-equipment protocol. The Cape Town Treaty is an international treaty that facilitates the cross-border financing and leasing of aircraft, helicopters and aircraft engines. Indonesia implemented the treaty under a new aviation law that went into effect in January 2009.
"Ex-Im Bank's financing of these sales of B737-900ER aircraft to Lion Air supports jobs at Boeing's manufacturing facilities in the state of Washington and at CFM International Inc. in Cincinnati, Ohio, as well as at hundreds of small, medium-sized and large U.S. businesses that supply parts and services to Boeing and CFM," said Carol Sexton, managing director, South/Southeast Asia, Boeing Capital Corporation.
"Ex-Im Bank welcomes this opportunity to support the export of Boeing aircraft to Lion Air, a successful and growing Indonesian airline. We are very pleased that Indonesia implemented the Cape Town Treaty under its new aviation law. We are delighted to be able to offer Lion Air the reduced exposure fee available under this treaty, which reduces the legal risks associated with cross-border, asset-backed aircraft financings and leases," said Ex-Im Bank Vice President of Transportation Robert Morin.
Since 2003, Ex-Im Bank has offered a reduction of its exposure fee on aircraft and aircraft engine transactions to eligible international airlines to encourage countries to ratify and implement the treaty. To date, a total of 28 countries, including the United States, have signed, ratified or acceded to and implemented the Cape Town Treaty. Airlines have benefitted from Ex-Im Bank's more favorable terms in eight of these countries: Angola, Ethiopia, Indonesia, Kenya, Oman, Pakistan, Panama and Senegal.
More recently, and following Ex-Im Bank's lead, all export credit agencies bound by the new Aircraft Sector Understanding of the Organization for Economic Cooperation and Development are now permitted to offer discounts on the risk premia charged for their financing in support of exports of commercial aircraft, helicopters and aircraft engines to airlines in countries that have ratified and implemented the Cape Town Treaty and the related aircraft-equipment protocol.
A preliminary commitment issued by Ex-Im Bank is made in response to a preliminary application for financing, and, although nonbinding, provides an indication that Ex-Im Bank is interested in financing the type of transaction described in the application. Final approval must follow receipt of a final commitment application, review by Ex-Im Bank staff and final action by the Bank's board of directors.
In fiscal year 2008, Ex-Im Bank authorized $14.4 billion in financing to support an estimated $19.6 billion of U.S. exports worldwide. The Bank authorized more than $5.5 billion to support the export of 97 new U.S.-manufactured, large commercial aircraft to a total of 17 airlines and two aircraft leasing companies located in 15 different countries. For more information, visit www.exim.gov.
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