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February 15, 2012

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Boeing wins 230-plane order

BOEING Co confirmed a 230-aircraft order worth US$22.4 billion at list prices from Indonesian budget carrier PT Lion Mentari Airlines, setting a record for the aircraft maker.

The accord, signed yesterday at the Singapore Airshow, includes 201 orders for the in-development 737 MAX and 29 for the extended range 737-900. Airbus SAS separately announced a contract for 35 of its planned A320neo aircraft from Kuwait-based Aviation Lease & Finance Co.

The two plane makers are working on more fuel-efficient versions of their single-aisle aircraft as they compete for customers in a segment accounting for about 60 percent of the global fleet. The companies' stranglehold on the market is also under threat as Commercial Aircraft Corp of China and Bombardier Inc develop their first planes of that size.

The Lion Air order, which also includes 150 options, is Boeing's largest by dollar value and aircraft numbers. It surpasses a Southwest Airlines Co deal for 208 737s signed in December and comes about a month after a European record order for 122 737s from Norwegian Air Shuttle AS. Airlines usually receive discounts for large orders.




 

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