Lion Air Signs Deal To Buy 5 Boeing 787s

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Published: June 9, 2012

Indonesia’s Lion Air has signed a deal for 5 Boeing 787-8 Dreamliner passenger jets, worth a total list price of USD$ 967.5 million, the airline said in a statement.

The move puts more pressure on Garuda Indonesia and Malaysia’s AirAsia because Lion Air will be able to serve a broader range of destinations.

Lion Air’s founder and chief executive Rusdi Kirana said in February the Indonesian low-cost carrier was in negotiations with Airbus and Boeing to buy Airbus A330s or Boeing 787s.

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