Thai Lion angles for modest rise

Thai Lion Air is pursuing a reserved expansion plan this year in a move seen as a response to overcrowded skies and intensifying competition. For the time being, the low-cost carrier subsidiary of Indonesia's Lion Group has only one additional aircraft, a Boeing 737-900ER, confirmed to enter its fleet this year. That is a marked slowdown from last year, which saw six B737s join TLA's fleet, which reached 24 by year-end. In 2015, the airline added 10 aircraft, and the original fleet plan for 2016 had included an additional 10 aircraft. TLA still hopes to secure three more B737-900ERs in the course of 2017 if the market warrants it. "The airline business is very dynamic, and we have to be flexible in adjusting our plans to suit the demand and supply conditions," TLA CE Aswin Yangkirativorn said. <br/>
Bangkok Post
http://www.bangkokpost.com/business/tourism-and-transport/1194037/thai-lion-angles-for-modest-rise
2/7/17