Boeing Statement on Lion Air Commitment for up to 380 737s

BALI, Indonesia, Nov. 17, 2011 – Boeing [NYSE: BA] confirms that Jakarta-based Lion Air today will sign a commitment for the airline to order 201 737 MAXs and 29 Next-Generation 737-900 ERs (extended range). The agreement also includes purchase rights for an additional 150 airplanes.
With 230 airplanes at a list price of $21.7 billion, this deal when finalized will be the largest commercial airplane order ever in Boeing’s history by both dollar volume and total number of airplanes.

U.S President Barack Obama is scheduled to witness the official announcement at a ceremony Friday morning at the East Asia Summit in Bali, Indonesia.