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Boeing Finalizes Historic Order for 737s (BA)

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By Paul Ausick Published

The Boeing Co. (NYSE: BA) said today at the Singapore Air Show that the company has finalized an order with Indonesia’s Lion Air for up to 380 of the company’s Boeing 737 aircraft. At list price the order is worth $22.4 billion and is the largest single order in the company’s history.

Lion Air has placed a firm order for 201 Boeing 737 MAX aircraft and 29 Boeing 737 900-ER planes. The 737 MAX is Boeing’s re-engined, more fuel efficient version of the plane. In addition to the firm orders, Lion Air will have the right to purchase another 150 planes.

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About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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