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Monday, March 18, 2013

Lion Air Firms Order for 234 Airbus A320 Family Aircraft

Indonesian carrier Lion Air placed a firm order with Airbus for 234 A320 family aircraft, a $24 billion order according to current list prices. The order includes 109 A320neo, 65 A321neo and 60 A320ceo aircraft.

(Photo provided by Airbus.)

Airbus said the order is the first it has ever received from Lion Air, as the carrier looks to add more aircraft to allow for more flights in the Asia Pacific region, a market where air travel is expected to grow more than 6.4 percent annually over the next 20 years.

“The fuel-efficient A320 Family will enable Lion Air to achieve the lowest possible operating costs and continue to offer the most competitive fares in the Asian region,” said Rusdi Kirana, CEO of Lion Air Group.

The Lion Air order comes following a week where Airbus won other major orders for its A320 family aircraft, including an $11.2 billion order from Lufthansa for 100 planes and a $9.3 billion order from Turkish Airlines for up to 117 planes.

So far in the first quarter of 2013, Airbus has received orders for about half the number of orders it received in all of 2012 for its A320 and A320neo aircraft. In 2012 the company received 305 orders for A320s and 478 for the A320neo. More

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