Lion Air orders 200 Airbus A320s

INDONESIA’S Lion Air will today sign a deal with Airbus for over 200 A320 medium-haul jets.

According to news agency AFP, the multi-billion dollar deal marks the first order Lion Air is placing with Airbus, having been equipped solely by Boeing thus far.

Airbus’ new deal with the budget airline will be close to the tune of US$20 billion or more, given that a standard A320 model is priced at US$91.5 million, while the company’s newer fuel-efficient model, Neo, commands more than US$100 million apiece, reported AFP.

On the other hand, Garuda Indonesia is slated to take the delivery of 24 new aircraft this year (TTG Asia e-Daily, November 12, 2013).

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