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Indonesian Carrier Orders $24 Billion in Jets From Airbus

25 Mar 2013 09:35:18

nytimes.com

PARIS "” Airbus said Monday that it had received a record order for $24 billion worth of new single-aisle jets from the Indonesian low-cost airline Lion Air, marking a significant inroad for the European plane maker into one of the fastest-growing air travel markets in Asia that until now has been dominated by its American rival, Boeing.

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The firm order, for 234 of the company's popular A320- and A321-series jets, was announced by high-level executives of Airbus and Lion Air at a ceremony in Paris overseen by President François Hollande of France. The deal represents the largest single order of Airbus jets, both by value and number of planes.


Read full story: nytimes.com

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