Close
Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · The Lionís Share
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

The Lionís Share

President Barack Obama Witnesses Signing of Historical Sales Contract Between Indonesiaís Lion Air and Boeing Aircraft Corporation


Bali News: The Lionís Share
Click Image to Enlarge

(11/21/2011)

During his visit to Bali U.S. President Barack Obama happily presided over a contract signing ceremony between Indonesia’s Lion Air and Boeing Corporation for the purchase of 230 aircraft worth US$21.7 billion.

Sweetening the deal, Lion Air has also taken an option on the purchase of an additional 150 planes worth a further US$14 billion.

Lion Air, an established and important customer of Boeing, currently operates 178 Boeing Next Generate B-737s.

Welcomed news to a faltering U.S. economy, President Obama called the transaction signed in Bali the biggest commercial transaction in the history of Boeing Aircraft.

At the signing ceremony between Boeing and Lion Air at the Grand Hyatt Resort in Bali, Obama lauded the historic importance of the deal for the Chicago-based aircraft maker that employs more than 100,000 people in the United States.

Lion Air which started operations with a single aircraft in 1999, has received financing from the U.S. Ex-Im Bank. Obama said the deal was part of his long-term plan to double the value of U.S. exports.

Lion Air has become Indonesia’s largest air carrier, controlling 38% of the passenger market carrying 20.5 million passengers. Growth is dramatic with 15 million passengers flown by the airline in 2009. Meanwhile, the national flag carrier Garuda carried only 12.3 million passengers in 2010.

Aviation experts in Indonesia are calling on Lion Air to meet the challenges of managing rapid growth in an airline that has received official warnings from the Ministry of Transportation for sub-standard on-time performance below 70%.
 


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.


 
UBUD WRITERS & READERS FESTIVAL
 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
A Kiwi Courting Criminal Charges
Kiwi Tourist Richard James Wackrow Arrested at Bali Airport for Stealing Personal Items of American Tourist.
(9/28/2014)
Carte ŗ Jouer
Two Frenchmen Arrested in Kuta for Stealing a Credit Card
(9/29/2014)
A President in a Class All His Own
President ĖElect Joko Widodo Flies Economy from Bali to Jakarta
(9/28/2014)
We Get Mail!
Balidiscovery.com Readers take Issue with Tommy Soetomo Ė the Boastful CEO of Baliís Airport Authoritty
(9/28/2014)
Canggu Drowning Victim
South African Tourist Drown at Canggu
(9/28/2014)
Meetings, Bloody Meetings!
Incoming President Joko Widodo Transition Team Identify that US$1.5 Billion Spent Each Year on Government Meetings
(9/28/2014)
Running for Hearth and Home
Eight Bali & Lombok Results Stage Charity Run to Build Low-Cost Housing in Bali
(9/28/2014)
Two Decades for Depraved Decadence
Prosecutors Demand 18 Years Prison for Man Who Murdered Englishwoman in Ubud, Bali
(9/27/2014)
Until Kingdom Come
Bali to be Home to Lavish Museum Commemorating the Majapahit Era
(9/28/2014)
Power to Accommodation Owners
Hotel Link Solution-Indonesia Team Attends Vietnam Conference to Help Indonesia Hotels Obtain Larger Share On-Line Booking Business.
(9/27/2014)
When a Leg Fails to Cooperate, Shoot it
Police Shoot Two Men Linked to a Rape and the Robbery of Many Villas in North Kuta
(9/27/2014)
This is Your Wake Up Call
Many Bali Residents Roused from their Sleep by a 4.6 Earthquake on September 23, 2014
(9/27/2014)
All [News]!
 
Tourism and Transport Tourism Agents