Elix Aviation Capital Confirms a Lease Transaction for six ATR 72-600 with Lion Air Group

Dublin, Ireland, October10, 2018- Elix Aviation Capital (“Elix”) is pleased to confirm that it has concluded a transaction with Lion Air Group for six ATR 72-600 aircraft, including five recently delivered ATR 72-600 aircraft and a sixth ATR72-600 aircraft scheduled for delivery in November 2018.

These ATR 72-600 are the first aircraft in Elix’s portfolio of ATR and Bombardier DHC8 turboprops to be operated in the growing Indonesian market.  Through this transaction, Elix continues to develop and further invest into the capabilities and services it brings to operators worldwide.

About Elix Aviation Capital

Elix Aviation Capital is a turboprop aircraft leasing platform established in 2013 to offer comprehensive leasing solutions to airlines operating in the regional aircraft market.  Elix’s uniquely specialized platform is well positioned to retain a market-leading presence in regional turboprop leasing and continue its streak of innovation and dedication to the sector. Elix has selectively built a diversified lease portfolio comprised of high quality Bombardier and ATR turboprops with an attractive and varied group of more than twenty lessees worldwide.  The platform is led by a management team with deep aviation expertise and a strong network of relationships across the industry.

About Lion Air Group and Wings Air

PT Wings Abadi Airlines, operating as Wings Air is the regional airline of Lion Air Group in Indonesia and is the largest operator of ATR72-600 aircraft in the world. In its eighteen years of operation, Lion Air has become Indonesia’s leading integrated carriers, unrivalled in efficiency and operational success

Lion Air Group comprises of five airlines in 3 countries – Lion Air, Wings Air and Batik Air in Indonesia, Malindo Air in Malaysia and Thai Lion Air in Thailand.   All 5 airlines in the group are ICAO certified.  It has the largest market share in domestic travel in Indonesia.  As of 31 December 2017, total fleet size stood at 299 aircraft operating more than 216 domestic and international destinations and more than 1.506 flights per day Lion Air Group’s fleet includes ultra-modern and environmentally friendly aircraft such as Airbus A330, Boeing 737-900, Boeing 737-800, ATR72-500 and ATR72-600 with an average fleet age of less than five years.

For additional information, please visit us at www.elix.aero

Contact:
Philippe Poutissou
Email: info@elix.aero