A grounded Boeing 737 MAX 8 aircraft bearing Lion Air’s livery on the tarmac at Soekarno-Hatta International Airport in Cenkareng, Indonesia, on Tuesday, March 15, 2019. Photo: Bloomberg

Lion Air, the carrier behind Indonesia’s second-worst aviation disaster, starts work on a US$1 billion initial public offer

  • Lion Air is a low-cost carrier founded in 1999
  • It is Indonesia’s largest privately run carrier and the second-biggest in Southeast Asia after AirAsia
Topic |   IPO

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A grounded Boeing 737 MAX 8 aircraft bearing Lion Air’s livery on the tarmac at Soekarno-Hatta International Airport in Cenkareng, Indonesia, on Tuesday, March 15, 2019. Photo: Bloomberg
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