Indonesia-based Lion Air has signed a $21.7bn contract with Boeing to buy 230 aircraft, including 201 737 MAXs and 29 Next-Generation 737-900 ERs.

The contract also includes purchase rights for an additional 150 planes worth $14bn.

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The 737 MAX, powered by CFM International LEAP 1-B engines, will provide a 10%-12% fuel burn improvement over most fuel-efficient single-aisle airplanes.

The transaction will be part-financed by the US Exim Bank, with the remaining funds sourced from a consortium of international banks, which is still being finalised.

Delivery of the planes is scheduled between 2017 and 2025.

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Airport Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Airport Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Klayo’s talent and compliance platform tailored for airports has secured the Innovation Award in the Workforce Digitalization category . Learn how its competency gap analysis, integrated compliance hub and data-driven workforce planning are helping airports streamline operations, strengthen governance and engage employees.

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