Boeing signs record $22.4 billion order with Lion Air

Tue Feb 14, 2012 9:13am EST

Lion Air Chief Executive Officer Rusdi Kirana (R) shakes hands with Dinesh Keskar, vice president of Asia-Pacific and India sales for Boeing Commercial Airplanes, after signing an agreement at the Singapore Airshow in Singapore February 14, 2012. Boeing Co said on Tuesday it signed its largest ever commercial airplane order with Indonesia's Lion Air in a deal worth $22.4 billion. The order are of 230 airplanes, including 201 737 MAXs and 29 next-generation 737-900 ERs. Lion Air will also acquire purchase rights for an additional 150 airplanes, Boeing said. REUTERS/Edgar Su

Lion Air Chief Executive Officer Rusdi Kirana (R) shakes hands with Dinesh Keskar, vice president of Asia-Pacific and India sales for Boeing Commercial Airplanes, after signing an agreement at the Singapore Airshow in Singapore February 14, 2012. Boeing Co said on Tuesday it signed its largest ever commercial airplane order with Indonesia's Lion Air in a deal worth $22.4 billion. The order are of 230 airplanes, including 201 737 MAXs and 29 next-generation 737-900 ERs. Lion Air will also acquire purchase rights for an additional 150 airplanes, Boeing said.

Credit: Reuters/Edgar Su

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(Reuters) - Boeing Co said on Tuesday it signed its largest ever commercial airplane order with Indonesia's Lion Air in a deal worth $22.4 billion.

Boeing said Lion Air, Indonesia's largest carrier by passenger volume, has ordered 230 airplanes, including 201 737 MAXs and 29 next-generation 737-900 ERs.

Lion Air will also acquire purchase rights for an additional 150 airplanes, Boeing said.

The announcement was made in a statement at the Singapore airshow.

In November, Lion Air announced the original massive order during U.S. President Barack Obama's Asia-Pacific tour. Europe's Airbus had accused the United States of applying political pressure to secure the deal.

(Reporting by Sakthi Prasad; Editing by Matt Driskill)

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Comments (2)
SeniorMoment wrote:
The problem with Europe’s AirBus thinking is they think airlines enjoy the extra cost of having spare parts inventories and multiple different sets of mechanics to serve fleets with different maintenance needs and experts.

They only reason airlines ever order from both AirBus and Boeing is to keep price competition alive and well.

Feb 14, 2012 7:41am EST  --  Report as abuse
buy american… airbus and french stink…

Feb 14, 2012 1:55pm EST  --  Report as abuse
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