Lion Air commits to up to 380 Boeing 737s

Boeing has received a record provisional order worth $21.7 billion from Indonesian low-cost carrier Lion Air for up to 380 single-aisle 737-family aircraft, including 201 of its re-engined 737 Max.

The 230 aircraft order, which also includes 29 CFM International CFM56-powered 737-900ERs, is a record for the airframer in both list price value and the total number of aircraft. The order includes purchase rights for a further 150 aircraft.

The announcement coincides with US President Barack Obama's arrival in Indonesia and comes just days after Boeing broke its own order record with Emirates' $18 billion purchase of 50 777-300ER.

Boeing said President Obama will witness the official announcement ceremony on the morning of 18 November in Bali, Indonesia, site of the East Asia Summit.

Lion Air joins American Airlines as the second disclosed customer for the 737 Max, whose total commitments stand at 700 from nine customers according to the airframer.

To date, Boeing has not announced its intended list price for any of the three 737 Max models, the -7, -8 and -9, though the indicated Lion Air order price places the 737 Max at approximately $95 million per aircraft.

Boeing's 737-900ER catalog price is listed at $89.6 million.

According to to Flightglobal's ACAS database, Lion Air already has 125 737-800 or -900ERs on order.

Boeing has yet to firm any orders for the recently launched CFM International Leap-1B-powered 737 Max.

Source: Flight global