Lion Air Group has received and financed 53 aircraft over the past 12 months as it increases its network across Asia and mobilises its forces to take on the competition – namely AirAsia. Transportation Partners has also being busy funding these delivers. It arranged finance/delivery for 30 737s, mainly using sale-leaseback. Only three of the aircraft were delivered to Lion Air; ten were delivered to Thai Lion alone. Thailand is expected to be a key theatre of battle given the China potential going forward. It is notable that Thai Lion is the only low-cost carrier in Thailand to gain the
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