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Boeing makes massive $21.7 billion deal with Indonesia airline

Deal includes 230 planes and options on 150 more, bringing the potential value of the contract to $35 billion


November 18, 2011
by The Canadian Press

NEW YORK—Boeing Co. has received its largest commercial airplane order ever, topping its own record set less than a week ago.

Indonesia-based private carrier, Lion Air, has ordered 230 airplanes in a deal worth $21.7 billion.

The planes in the deal include Boeing’s redesigned 737 “MAX” and 29 extended range 737s.

Lion Air also has options for 150 more planes, bringing the deal’s total potential value to $35 billion.

Chicago-based Boeing set its previous order record last week, when Dubai’s Emirates ordered 50 Boeing 777s in a deal worth $18 billion.

The 230 planes also tops Boeing’s volume order record.