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Lion Air Plans Asia to Australia Ventures With 1,000 Planes

PT Lion Mentari Airlines plans to set up ventures across Asia and Australia to expand after placing orders of more than $45 billion with Airbus SAS and Boeing Co. in the past two years.

Indonesia’s biggest private carrier is considering partnerships in Thailand, Myanmar, and Vietnam, Commercial Director Edward Sirait said in an interview yesterday. Lion Air, which has the world’s biggest order backlog for 559 narrow-body aircraft, aims to have 1,000 planes in 10 years, he said.