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  • Lion Air, ATR, $23 Billion
    Posted by Lee Ann Tegtmeier 9:32 PM on Feb 16, 2012

    Lion Air generated a lot of interest when it signed a $22.4 billion deal for Boeing 737s this week and then followed it up with a $610 million contract with ATR for additional 27 ATR 72-600s. 

    The latest contract will make Lion Air the largest ATR operator in the world. I think it's interesting that the Asia-Pacific region represents more than 40% of total ATR sales since 2005, according to the manufacturer.

    Aviation Week reported on Dec. 29 that Lion Air plans to open a maintenance facility on Batam in the third quarter. Based on this week's orders, it sounds like there certainly will be an aircraft pipeline to support it.

    blog post photo
    Photo credit: ATR

    Tags: om99, sga2012

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