Tuesday, March 19, 2013

Airbus lands $24B Indonesian deal

PARIS, France -- Airbus has snagged a “landmark order” from Indonesia’s Lion Air Group this week. The two companies finalized the $24 billion purchase of 234 A320’s. Lion Air’s Airbus order actually exceeds the order that the Indonesian carrier placed with the plane-maker’s U.S. rival, Boeing, in 2011 for 201 planes valued at $22 billion.Airbus is due to break ground on April 8 on a $600 million final assembly line at Mobile’s Brookley Aeroplex that will be dedicated entirely to the production of the A320 family of aircraft. (Source:  al.com, 03/18/13)