Lion Air in astonishing 380 Boeing aircraft order

Jakarta-based Lion Air has finalised a firm order for 201 Boeing 737 max aircraft and 29 Next-Generation 737-900ERs (extended range).  The agreement, first announced last November in Indonesia, also includes purchase rights for an additional 150 planes.  This deal is the largest commercial order ever in Boeing's history by both dollar value and total number of aircraft.  It is valued at US$22.5bn.

The 737 max is a new engine variant of the world's best selling commercial aircraft and is due to make its first flight in 2016 with deliveries starting one year later.  It features the CFM International LEAP-1B engine claimed to give a 10-12% fuel burn improvement over present aircraft and a 7% operating cost per seat advantage over what it calls “tomorrow's competition”.

Lion Air is Indonesia's largest private airline established in 1999.  It currently operates around 70 Boeing 737 aircraft, but is on the European Union’s banned list. www2.lionair.co.id

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