21-Nov-2011 10:33 AM

Lion Air to expand north with Boeing aircraft

Lion Air plans to expand its network to the north following its order of 230 Boeing aircraft, announced on 17-Nov-2011 (Bloomberg/AP, 20-Nov-2011). President director Rusdi Kirana plans to add services to cities in China, South Korea and Taiwan. Lion Air will take delivery of the aircraft, which include 201 B737 MAXs and 29 B737-900s, from 2017 to 2025. The carrier will mostly use loans, including ones from Export-Import Bank, to fund the new aircraft (Asia News Net/Reuters, 20-Nov-2011). [more - original PR]

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