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Lion Air to buy Airbus A320s for $24 billion

Staff writer |
Indonesia's Lion Air has placed a firm order with Airbus for 234 A320 Family aircraft, comprising 109 A320neo, 65 A321neo and 60 A320ceo. The deal is worth $24 billion.

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Lion Air, a new customer for Airbus, comes just three days after Turkish Airlines has signed a contract for up to 117 A320 Family aircraft (25 A321ceo, 4 A320neo, 53 A321neo and options for 35 additional A321neo aircraft), the largest ever placed by a Turkish carrier.

In a single class layout the A320 can seat up to 180 passengers, while the A321 can carry up to 236 with the latest cabin configuration options. Lion Air Group will use the aircraft to meet growth requirements on its expanding domestic and regional route network. The carrier will announce engine selections for the aircraft in the near future.

"The fuel-efficient A320 Family will enable Lion Air to achieve the lowest possible operating costs and continue to offer the most competitive fares in the Asian region. This landmark order will ensure that the Lion Air Group will continue its expansion with one of the most modern and advanced fleets in the world," said Rusdi Kirana, co-founder and CEO of Lion Air Group.

Offering the lowest operating costs in its class, the A320 Family is the world's best-selling single-aisle product line. To date, some 9,400 aircraft have been ordered and more than 5.400 delivered to over 380 customers and operators worldwide. The A320ceo and A320neo share more than 95 percent airframe commonality, enabling seamless operation of the various models in a single fleet.

"This announcement marks our first order from Lion Air - one of Asia's fastest-growing and most successful low cost carriers. The news underscores the market-leading position of the A320 Family, which continues to attract new customers for both the current and new engine options. We very much look forward to welcoming Lion Air as a major new operator of Airbus aircraft," said Fabrice Bregier, president and CEO of Airbus.

Since taking to the skies in 2000, Jakarta-based Lion Air has become one of Asia's fastest-growing airlines. Today the Group operates an extensive network covering over 70 destinations in Indonesia and South East Asia.


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