Indonesian airline company Lion Air, part of the Lion Air Group, is aiming to raise as much as $1 billion in an initial public offering.
Lion Air is working with advisers on the planned share sale which could take place as soon as this year.
The company is planning to begin preliminary meetings with backers as soon as this week to sound out early interest ahead of the potential offering.
Annually, Lion Air generates around $5.9 million in revenue.