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Indonesia Lion Air commits to buying five Dreamliners

Post by John Gillie / The News Tribune on June 8, 2012 at 9:11 am with No Comments »
June 8, 2012 9:18 am

Indonesia’s largest airline, Lion Air, has committed to buying five Boeing 787-8 Dreamliners in a deal worth nearly $1 billion at list prices.

The planes will go to a new international Lion Air subsidiary, Batik Air, which will fly from Indonesia to other countries in Asia and perhaps to Australia.

Boeing acknowledged Lion Air’s commitment, but said the airline is still negotiating terms of a final order.

Lion Air is one of Boeing’s best customers. It was the launch customer for Boeing’s largest member of the 737 family, the 737-900ER. In February, Lion Air signed the largest order in Boeing history, a $22.4 billion order for 230 737s including new 737 Max aircraft.

The airline now operates 87 Boeing jets and will receive 12 more 737s this year.

The airline reportedly considered the Airbus A330 for its longer-range operations, but picked the 787 instead because of its superior technology. The 787 is the first large passenger aircraft largely made of composite materials instead of metal.

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