INDONESIA - Indonesia's Lion Air to Buy 49% of a Brisbane-based Airline

Balidiscovery.com (1/12/2008)

A number of press reports are suggesting that Indonesian Lion Air (PT Lion Mentari Airlines) is eyeing a 49% share in an Australian domestic air carrier as a possible precursor to establishing a feeder network for the establishment of international flights between Indonesia and Australia.Australian press reports say that discussions are at an advanced stage between Lion Air and Brisbane-based Sky Air World.

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