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Lion reaches agreements with (some of) its lessors

By Cirium2021-02-03T01:53:00+00:00 Several lessors to Lion Group airlines have agreed to restructure their leases after months of bilateral negotiations, Cirium understands. “We have reached our agreement and money has started flowing again in December and we are expecting money… for January,” one of those lessors tells Cirium. Source: Greg Waldron/FlightGlobal A Lion Air 737-900ER Given the private nature of the negotiations, it is not clear exactly how many lessors have arrived at agreements, but four with exposure to Lion tell Cirium they heard that multiple lessors had done so. One puts the number at about a dozen or more.

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