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Indonesia's Lion Group breaks into aircraft leasing industry

It inks deal to lease 3 B737-800 planes to China's 9 Air

[SINGAPORE] Indonesia's Lion Group, which boasts an order backlog of about 500 Boeing and Airbus aircraft, has clinched the first deal for its leasing subsidiary in a key diversification move for one of the world's fastest-growing airlines. Two years after setting up shop in Singapore,