Lion Air signs order to acquire 234 Airbus 320

Airbus signed an order with Indonesian low-cost carrier Lion Air 234 Airbus 320 at a ceremony this Monday with French President Francois Hollande.

The order is worth 23.8 billion – 18.4 billion euros.  Each aircraft is priced at $ 91.5 million – based on standard equipment.  Although the newer and more fuel efficient Airbus 320-NEO has a price tag of over 100 million.  This deal is the biggest ever contract for Airbus it happens Lion Air astounded the industry in 2011 with an order for 230 B737NG.

Lion Air launched its services 13 years ago with only one aircraft, today operates a fleet of 92 airplanes, most of them B737 and is the fastest growing low-cost carrier in Indonesia.  In 2007 Lion Air was included in a “black list” of airlines banned to operate in the US and still remains on it.

This agreement comes a few days after Airbus received an order from Turkish Airlines for 117 aircraft.  Meanwhile France battles with rising unemployment, Airbus is one of the few Companies that continues to recruit personnel.

Lion Air

 

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