Lion Air Signs New Aircraft Purchase Deal With Boeing

US President Obama left witnessed the signing of initial aircraft purchase deal between Lion Air Director Rusdi Kirana (left seated) and Ray Conner (right seated), senior vice president of Boeing last November 2011 in Bali Indonesia.

Singapore. Indonesian carrier Lion Air and Boeing on Tuesday inked a deal that not only set a new record for the Singapore Airshow, but will go down as one of the largest contracts in commercial aviation history.

The Indonesian carrier yesterday signed for 230 single-aisle aircraft worth $22.4 billion (S$28.4 billion) at catalogue prices. The deal, inked on the first day of the Singapore Airshow 2012, was itself more than double the US$10 billion in deals sealed in the 2010 edition of the biennial trade show. Continue reading “Lion Air Signs New Aircraft Purchase Deal With Boeing”