Lion Air in historic commitment for up to 380 737s

Boeing and Jakarta-based Lion Air have announced a commitment for the airline to order 201 737 MAXs and 29 Next-Generation 737-900 ERs (extended range). The agreement also includes purchase rights for an additional 150 airplanes. “The 737 MAX will be the future of Lion Air,” said Rusdi Kirana, Lion Air Founder and President Director. “The highly efficient, technologically advanced airplane will help Lion Air continue to bring low fares and allow us to open new destinations because of the longer range of the airplane.” With 230 airplanes at a list price of $21.7 billion, this deal when finalized will be