TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Lion buys 234 Airbus A320 worth $24 billion

  • Novan Iman Santosa

    The Jakarta Post

Paris   /   Tue, March 19 2013   /  10:32 am

European aircraft manufacturer giant, Airbus, finally landed a massive deal from Indonesian budget carrier Lion Air for 234 of the popular narrow-bodied Airbus A320, a contract potentially worth US$24 billion.

Lion president director Rusdi Kirana signed the deal with Airbus president and CEO Fabrice Bregier during a ceremony witnessed by French President Francois Hollande at the Presidential Palace.

President Hollande’s office called the deal with Lion Air “the biggest for Airbus in terms of the number of aircraft and the overall sum”.

Rusdi explained that the order consisted of 109 Airbus A320 NEO, 65 Airbus A321 NEO and 60 Airbus A320 CEO.

NEO, which stands for new engine option, offers a better range and improved fuel economy when compared to the CEO or current engine option.

“These aircraft will be used for two new Asia Pacific region airli...