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Indonesia's Lion Group buy 40 ATR72-600 planes
Topic Started: Nov 28 2014, 12:00 AM (60 Views)
MSantor
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PDFF Mod Group
For those interested in the civil aviation front of Asian nations:

Reuters

Quote:
 
Indonesia's Lion Group buying ATR planes worth $1 billion in Asia expansion

SINGAPORE (Reuters) - Indonesia's Lion Group is buying an additional 40 aircraft from ATR for $1 billion at list prices, the companies said, in a move that will make Lion the biggest customer of the European manufacturer.

The purchase order will be signed on Thursday in Rome by Lion's co-founder Rusdi Kirana and ATR's CEO Patrick de Castelbajac in the presence of Italian Prime Minister Matteo Renzi, Lion said in a statement.

Kirana's Lion Air, Indonesia's biggest and one of the world's fastest-growing airlines, has captured global attention with record purchases of jets from Boeing and Airbus over the past few years. Airlines usually get large discounts from manufacturers on list prices.

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