Lion Air in historic commitment for up to 380 737s

Victoria
By Victoria November 18, 2011 22:58

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 the largest commercial airplane order ever in Boeing’s history by both dollar volume and total number of airplanes. Boeing and Lion Air are working to finalize details of the agreement, at which time it will be a firm order posted on the Boeing Orders and Deliveries website. Lion Air will also acquire purchase rights for an additional 150 airplanes valued at more than $14 billion if exercised at list prices.

Victoria
By Victoria November 18, 2011 22:58
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