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Boeing gets biggest order ever from Lion Air

FILE - In this Aug. 30, 2011 photo, a model of the newly revealed 737-MAX passenger airplane, which feature redesigned CFM International LEAP-1B engines, is photographed in Renton, Wash. Lion Air, a large private carrier in Indonesia, ordered a total of 230 airplanes. That includes 201 of the redesigned Boeing 737 "MAX" and 29 extended range 737s. The order was announced Thursday, Nov. 17, 2011, by the White House, as part of President Barack Obama's trip to Bali, Indonesia. (AP Photo/Stephen Brashear, File)

FILE - In this Aug. 30, 2011 photo, a model of the newly revealed 737-MAX passenger airplane, which feature redesigned CFM International LEAP-1B engines, is photographed in Renton, Wash. Lion Air, a large private carrier in Indonesia, ordered a total of 230 airplanes. That includes 201 of the redesigned Boeing 737 "MAX" and 29 extended range 737s. The order was announced Thursday, Nov. 17, 2011, by the White House, as part of President Barack Obama's trip to Bali, Indonesia. (AP Photo/Stephen Brashear, File)

(AP) ? Boeing Co. has received its largest commercial airplane order ever, topping its own record set less than a week ago.

Lion Air, a large private carrier in Indonesia, ordered a total of 230 airplanes with a list price of $21.7 billion. That includes 201 of the redesigned Boeing 737 "MAX" and 29 extended range 737s. The order was announced Thursday by the White House, as part of President Barack Obama's trip to Bali, Indonesia.

Chicago-based Boeing set the previous order record Sunday, when Dubai's Emirates ordered 50 Boeing 777s, with a total value of $18 billion. The 230 planes also tops Boeing's volume order record.

Lion Air has options for 150 more planes, valued at $14 billion, bringing the deal's total potential value to $35 billion.

In July, American Airlines placed an order for 200 Boeing planes as part of a massive plane purchase that pitted Boeing against its chief rival, Airbus. American at that time said it would buy 260 planes from Airbus and 200 from Boeing. American has options for 465 more planes from the two manufacturers.

Before that, the biggest order by volume in Boeing's history came back in 1989, when United Airlines ordered 115 planes.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2011-11-17-Boeing-Biggest%20Order/id-7fa70cefa63641b6a2ca03e2f40d5e5d

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