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Lion Air eyeing deal for 50 Bombardiers

Published Wed, Nov 6, 2013 · 10:00 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

[JAKARTA] The parent company of Indonesia's Lion Air said yesterday it hopes to strike a deal for at least 50 Bombardier passenger jets next year, a purchase with a list price of more than US$3 billion.

It would be the latest huge bet on Indonesia's booming aviation sector by Lion Group, which has in recent years struck two of the world's largest plane orders, worth US$46 billion.

The company was hoping to complete the deal with Canadian manufacturer Bombardier for at least 50 new medium-range CS300 aircraft early next year, said Leithen Francis, head of public relations at Lion Group.

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