By Gregory Viscusi & Andrea Rothman- Bloomberg - The order, announced at the French presidential palace in Paris, includes 60 current-generation A320s, 109 A320neos and 65 A321neos. Customers typically buy planes at discounts.
The Indonesian carrier needs more aircraft as it adds flights in a region where air travel is expected to grow more than 6.4% annually through 2031. Lion Air, which flies to more than 36 destinations within Indonesia and overseas, is establishing a low-cost carrier in Malaysia to challenge AirAsia Bhd. (AIRA), Airbus’s biggest A320 customer.
“We’ve always wanted to be a big player in Indonesia, a country of 17,000 islands and 240 million people,” John Leahy, chief salesman of Airbus, said in a telephone interview after the order was announced. “Boeing’s been dominant there for a long time and I think it’s important that in using planes like the A320neo we’re able to break into that market.”
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