Indonesia's Lion Air said to eye up to $1b listing in early 2020

Indonesia's Lion Air said to eye up to $1b listing in early 2020

FILE PHOTO: A Lion Air Boeing 737 MAX 8 jet on the tarmac of Soekarno Hatta International airport near Jakarta, Indonesia, March 15, 2019. REUTERS/Willy Kurniawan/File Photo

Lion Air is targeting a flotation of up to $1 billion in the first quarter of 2020, several sources close to the matter said, as the Indonesian airline resumes growth after a year dominated by the fatal crash of one of its Boeing 737 MAX jets.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter