Indonesian budget carrier Lion Air leapt from obscurity to global fame in 2011 when it ordered 230 Boeing planes worth a whopping US$22 billion, the US maker’s biggest ever deal, but it has been dogged by safety issues for years.
When co-founder Rusdi Kirana was asked months later if bank loans would be needed to finance the purchase, he told reporters at the 2012 Singapore Airshow: “I am the bank.”
Founded in 1999 by brothers Rusdi and Kusnan Kirani, the budget carrier began…
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