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Boeing locks in biggest plane order with Lion Air

Authors: Administrator

Boeing has locked in its biggest order ever with a little-known airline halfway around the world.

The Chicago airplane manufacturer said Tuesday that it has finalized an order from Indonesian carrier Lion Air for 230 planes - worth a combined $22.4 billion. The deal is the largest commercial airplane order ever for Boeing Co. by both dollar value and number of airplanes. Lion Air also has the rights to buy 150 more.

The order includes 201 of Boeing's redesigned 737, which it calls the Max, and 29 extended range 737-900s. Lion Air plans to pay for the planes over 12 years with bank financing. A Boeing spokeswoman did not immediately return an email seeking more details.

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Read more http://www.kansas.com/2012/02/14/2215411/boeing-locks-in-biggest-plane.html

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