In another big sales win for Boeing, the Indonesian low-cost carrier Lion Air will today sign a preliminary agreement to buy as many as...
In another big sales win for Boeing, the Indonesian low-cost carrier Lion Air will today sign a preliminary agreement to buy as many as 60 Renton-built 737 jets, a person close to the deal confirmed.
Crucially, the order may prove the launch pad for a new derivative of the 737.
Lion wants a mix of 737-800s and 737-900Xs, the person said. The 737-900X is a stretched derivative seating 200 to 220 passengers. Boeing has been seeking launch partners for a couple of years.
The value of the deal, depending on the precise model mix, would start at around $3.5 billion at list prices — although discounts of as much as 30 percent are typical.
Most Read Stories
- Prosecutor reviewing sex-abuse allegations against ‘Deadliest Catch’ star Sig Hansen
- UW professor: The information war is real, and we’re losing it | Danny Westneat
- Career advice: End affair with boss, then apply for promotion | Dear Carolyn
- The results are in: Here's where the new Dick's Drive-In will be
- Amazon tries to bag a big chunk of grocery market with Seattle pickup locations WATCH
Founded in 1999, Lion currently flies a fleet of 34 aircraft, mostly older MD-80s and 737 classics. The purchase will rapidly expand the airline, allowing it to begin flights around the Asia-Pacific region.
The preliminary deal will be signed in Washington, D.C., where Indonesian President Susilo Bambang Yudhoyono is on a state visit.
Susilo, who heads the most populous Muslim nation in the world, wants to improve relations with the U.S. and expand military-to-military cooperation. He met yesterday with President Bush in the Oval Office.
The Lion Air order is expected to be finalized within a month.
Dominic Gates: 206-464-2963 or firstname.lastname@example.org