New 737 MAX 10 Airplane - Photo by Boeing

JAKARTA (TheInsiderStories) – Singapore’ BOC Aviation Limited (HKEx: 2588) is pleased to announce that it has purchased eight new A330NEO family aircraft from Airbus, said the company on Thursday (23/08).

All eight aircrafts are scheduled for delivery to Lion Air Group in 2019 and 2020. Furthermore, BOC Aviation said, Lion Air will have the option to acquire four of the aircraft at delivery.

“This transaction takes the number of Airbus A330NEO family aircraft in our order book to 10, with all of these scheduled for delivery between now and the end of 2020 to airline customers,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation in a written statement.

Edward Sirait, Lion Air Group president director added, “We are excited to include the Airbus A330NEO into our fleet as it promises to be more fuel efficient and with its longer range, to expand our group’s fleet network.”

Previously in April, 2018, Boeing (NYSE: BA), an American multinational corporation and the Lion Air Group announced the airline purchased 50 of Boeing’s new 737 MAX 10 airplanes. The deal, valued at approximately US$6.24 billion, is the largest incremental order to date of the MAX 10 variant.

In March, Lion Air has received the delivery of Boeing 737 MAX 9 and will using to added capacity to launch several international routes.

Lion Air has announced its commitment to bring in 50 new Boeing 737 MAX 10. It also has a long-term order to bring in 1,273 units of MAX series, making the group as one of the largest airline operators in the world.

The 737 MAX is a family of airplanes that offer about 130 to 230 seats with the ability to fly up to 3,850 nautical miles (7,130 kilometers). While, the 737 MAX 10 is the largest variant in the family. At 43.8 m (143 ft 8 in) long, the airplane can seat a maximum of 230 passengers and offer airlines the lowest seat-mile cost ever in a single-aisle aircraft.

Lion Air is one of the world’s largest Next-Generation 737 operators and previously ordered 201 MAXs. The airline is also the launch customer of the 737 MAX 9 and its subsidiary, Malaysia-based Malindo Air was the first airline to take delivery and operate the 737 MAX 8 in commercial service.

Lion Air currently operates Boeing 737-900ER aircraft, Boeing 737-800NG, Boeing 747-400, and Airbus A330-300 aircraft. The company received the Boeing 737-900ER in April 2007.

Lion Air then took 15 other B737-900ER shipments in December 2008 which the entire aircraft was configured for economy class with a total of 215 seats per aircraft. And to date Lion Air has 71 units of Boeing 737-900ER aircraft.

After experiencing the efficiency of fuel usage on the Boeing 737-900ER aircraft type, Lion Air also tried the Boeing 737-800NG aircraft type that has been in use since 2012. Lion Air’s Boeing 737-800NG aircraft has a single class configuration and is capable of carrying 189 passengers person.

Until now, Lion Air has 32 units of Boeing 737-800NG aircraft. With the latest addition of the Boeing 737-800NG to the Lion Air fleet, it allows airlines to offer more non-stop flights at affordable rates to many destinations.

In addition to small-bodied aircraft, Lion Air also has Boeing 747-400 aircraft which is the first largest fleet owned by Lion Air. Bring in 2009, the plane, also known as Jumbo Jet, has four engines and can fly at a speed of 0.85 mach or 909 kilometers per hour and is capable of flying with a maximum distance of 13,570 km to 15,000 km.

Lion Air currently has two Boeing 747-400 aircraft, and the aircraft can carry 506 passengers.

Lion Air’s latest big aircraft fleet is the Airbus A330-300. This large aircraft uses a Rolls-Royce Trent 700 engine and is configured in a single class that can carry as many as 440 passengers. Coming in November 2015, Lion Air has 3 units of Airbus A330-300 aircraft.

Email: linda.silaen@theinsiderstories.com

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The Insider Stories Founder Linda Silaen has a solid, proven history, established over more than a decade as a journalist with a leading internasional news organization, of being the first with the biggest economic news stories in Indonesia. Specializing in corporate news, Linda is also a veteran of some of the biggest macroeconomic and general news stories as Indonesia rapidly transforms into a major market economy. One of the founders of the original blog from which this company developed, Linda’s knowledge of investors’ information communications and data us developed from unrivaled networking skills that make her a well-known name among CEOs, bankers, government officials and private equity investors both in Indonesia and other countries.

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