Lion Air Near To Deal For 10 Boeing 787s

[JuliusWong 0]

May 25, 2012

 

Indonesia's Lion Air is close to signing a deal for 10 Boeing 787-8 Dreamliner passenger jets, with a total list price of USD$1.9 billion, as the budget carrier aims to tap the long-haul market.

 

Two sources involved in the deal told reporters that Lion Air prefers the newer carbon-composite 787 to the Airbus A330. The deal is expected to be signed in Jakarta on June 8 as Lion Air celebrates its 12th anniversary.

 

Such a move by Lion Air would put more pressure on Garuda Indonesia and Malaysia's AirAsia because it would 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.

 

One of the sources said the 787 would help Lion Air's marketing campaign with an image of fuel efficiency and the latest technology.

 

"Dreamliner is a new design, it is based on the latest technology, while the A330 is basically an old (design)," said one of the sources, who declined to be identified because of the confidentiality of the talks.

 

If the financing terms from both manufacturers are equal, he said, Lion Air would choose the 787 over the A330.

 

A deal would mean Boeing had managed to keep Airbus away from its top customer. Lion Air recently signed a record order for USD$22.4 billion worth of Boeing 737 single aisle jets. (Reuters)

 

Source:

http://news.airwise....1337952608.html

[lionel 0]

WOW~the lion airline expanding really aggressively~~ if not mistaken, they just sign a deal with boeing about the 737 order right?

[Josh T 0]

If they order the B787, they won't get it until about 2017!!

[JuliusWong 0]

According to Boeing's website Lion Air has selected the 787 for their subsidiary Batik Air.

 

"JAKARTA, Indonesia, June 8, 2012 /PRNewswire/ -- Boeing (NYSE: BA) confirms that Jakarta-based Lion Air announced a commitment to order five 787 Dreamliners for its newly launched premium carrier Batik Air. When finalized, the agreement will be worth $967.5 million at list prices."

 

Source: http://boeing.mediaroom.com/index.php?s=43&item=2285

 

Leeham news reports that these B787s are very early overweight 787s (Line #4 to Line #19) which are rejected by their original customers. (http://leehamnews.wo...pact-on-boeing/)

 

WOW~the lion airline expanding really aggressively~~ if not mistaken, they just sign a deal with boeing about the 737 order right?

Exactly 201 B737MAX...beats AirAsia's 200 A320NEO by one frame.

[flee 5]

Actually overweight airframes will not be much of a problem for premium airlines - they have more first/business class seats anyway. So trip costs may not be significantly different.