Boeing gets biggest order ever from Lion Air
Wednesday, November 16, 2011
NEW YORK (AP) -- Boeing has received its largest commercial airplane order ever, topping its own record set less than a week ago.
Lion Air, a large private carrier in Indonesia, ordered a total of 230 airplanes. That includes 201 of the redesigned Boeing 737 "MAX" and 29 extended range 737s. The order was announced Thursday by the White House, as part of President Barack Obama's trip to Bali, Indonesia.
The airplanes have a list price of $21.7 billion. Lion Air has options for 150 more, valued at $14 billion. The deal's total potential value is $35 billion.
Chicago-based Boeing Co.'s set the previous order record Sunday, when Dubai's Emirates ordered 50 Boeing 777s, with a total value of $18 billion.
Neither airline is likely to pay list prices. Airlines typically negotiate big discounts.