Lion Air finalizes historic order for up to 380 Boeing 737s

Jakarta-based Lion Air finalized a firm order for 201 LEAP-1B-powered 737 MAXs and 29 CFM56-7B-powered Next-Generation 737-900ERs (extended range). The agreement, first announced last November in Indonesia, also includes purchase rights for an additional 150 airplanes. With orders for 230 airplanes valued at $22.4bn at list prices, this deal is the largest commercial airplane order ever in Boeing’s history by both dollar value and total number of airplanes. Lion Air will also acquire purchase rights for an additional 150 airplanes. The engine order is valued at more than $5.4bn.