Aviation

Boeing, Lion Air Group Announce Order for 50 737 MAX 10 Airplanes

– Fast-growing carrier placed the largest incremental order of Boeing’s newest 737 jet

– MAX 10 will be the most efficient and profitable single-aisle airplane

– Lion Air Group to operate MAX 8, 9, and, 10, maximizing commonality and flexibility

JAKARTA, Indonesia, April 10, 2018 /PRNewswire/ — Boeing [NYSE: BA] and the Lion Air Group today announced the airline purchased 50 of Boeing’s new 737 MAX 10 airplane, which will be the most fuel-efficient and profitable single-aisle jet in the aviation industry. The deal, valued at approximately $6.24 billion at list prices, is the largest incremental order to date of the MAX 10 variant. The order was previously listed as unidentified on Boeing’s Orders & Deliveries website.

Boeing and the Lion Air Group today announced the airline purchased 50 of Boeing’s new 737 MAX 10 airplane, which will be the most fuel-efficient and profitable single-aisle jet in the aviation industry. This rendering shows the airplane in the carrier's livery. (Boeing illustration)

“Lion Air is very excited to be a launch customer of the latest version of the 737. This airplane delivers a new level of fuel efficiency and operating economics and fits in perfectly with our fleet of modern airplanes,” said Edward Sirait, President Director, the Lion Air Group. “We are proud to continue our tradition of innovation at Lion Air as we again lead the way with new airplane technology.”

The Lion Air Group was first in the world to put the 737 MAX 8 into service and the first to order the 737 MAX 9. Last month, the group became the first to take delivery of a 737 MAX 9, using the airplane’s added capacity to launch several international routes.

“We are honored that Lion Air Group, one of the most innovative and fast-growing carriers, has once again placed its trust in the 737 family,” said Dinesh Keskar, senior vice president, Asia Pacific & India Sales, Boeing Commercial Airplanes. “With the 737 MAX 10, Lion Air will have a range of efficient and reliable options to optimize their network to serve their customers and grow profitably.”

Aviation

Boeing, Antonov to Collaborate on Defense Projects

– MOU represents Boeing’s commitment to work with Ukrainian industry

– Includes exploring opportunities for collaborating on in-country support of Unmanned Aerial Systems

A Memorandum of Understanding was signed today by Boeing and Antonov Company to investigate potential collaboration on defense-related projects.

“We’re happy to keep collaborating with the Antonov Company to help Ukraine’s economic development and expansion,” stated Ted Colbert, CEO and president of Boeing Defence, Space, & Security.

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“This agreement demonstrates our ongoing efforts to find more opportunities to work with Ukrainian industry, which was underscored by our signing of the Ukrainian Defence Industry Compact earlier this year.”

The areas of potential collaboration identified in the agreement consist of training, logistical support and overhaul services for tactical Unmanned Aerial Systems utilized by the Ukrainian Armed Forces, which includes the ScanEagle. In addition, the companies will also explore opportunities for Antonov to provide engineering support to Boeing.

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“A strong, innovative, and efficient defense industry is key to sustainable economic development and national security, and we are extremely excited to collaborate with Boeing,” said Ievhen Gavrylov, CEO of Antonov Company.

This agreement brings a whole new level of opportunity to implement the latest and most effective solutions – in addition to the possibility of future projects with Boeing in the aerospace and defense industry.”