Indonesian carrier Lion Air adds to busy Southeast Asia IPO pipeline

Indonesian carrier Lion Air adds to busy Southeast Asia IPO pipeline

FILE PHOTO: A Lion Air Boeing 737 MAX 8 jet on the tarmac of Soekarno Hatta International airport near Jakarta, Indonesia, March 15, 2019. REUTERS/Willy Kurniawan/File Photo

Indonesia’s biggest private carrier, Lion Air, has kicked off early marketing for its long-awaited initial public offering, adding to a busy Southeast Asian pipeline as Hong Kong remains muted after the Lunar New Year holiday amid the novel coronavirus outbreak.