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Indonesia's Lion Air announces purchase of 50 Boeing 737 MAX 10 jets

Published 04/10/2018, 04:02 AM
Updated 04/10/2018, 04:10 AM
© Reuters. A Boeing 737 Max takes part in a flying display during the 52nd Paris Air Show at Le Bourget Airport near Paris
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JAKARTA (Reuters) - Indonesian airline Lion Air Group on Tuesday announced the purchase of 50 Boeing (NYSE:BA) 737 MAX 10 jets worth $6.24 billion at list prices, the company said in a statement.

It had placed a provisional order for the jets, the newest and largest member of the Boeing narrow-body family, last June.

Boeing said it had been listing the buyer for the deal as an unidentified customer in its order book before Lion Air's announcement.

© Reuters. A Boeing 737 Max takes part in a flying display during the 52nd Paris Air Show at Le Bourget Airport near Paris

Rusdi Kirana, co-founder of Lion Air, said the government's infrastructure expansion, which included airports, helped expanded Lion's demand for more aircraft.

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