05202012Headline:

Leon? What Results Boeing Means An Agreement In Indonesia

Hong Kong (dailynewyorknews) – The largest single order in the aviation market Boeing 94-year history was released today by Lion Air.

Lion?

If you’ve never heard of Lion Air, you are not alone. If you do not speak Bahasa Indonesia, and has shot many different islands that make up the world’s most populous Muslim nation, there is no reason why you should be.

With the U.S. President Barack Obama to look behind the scenes of the ASEAN (Association of Southeast Asian Nations) economic summit in Bali, Lion Air has signed a contract for the Boeing 230 aircraft for a total of $ 21.7 billion, with the first delivery in 2017 – part of the airline’s plan to buy 408 new aircraft for $ 37.7 billion, Lion Air CEO Rusdy Kirana told CNN.

“From east to west, Indonesia stretches over 5,000 miles and have 230 million (people) and not enough equipment to meet the growth in the number of passengers,” said Kiran.

At this time, the airline has only a few routes to take it away from neighbors south-east Asia Indonesia Singapore, Malaysia and Vietnam. The company intends to use the new fleet and expand routes between the inhabited islands in Indonesia of 6000, as well as new routes to Japan, South Korea, China and Taiwan.

While the developed world has been beaten to the recession, stagnant growth and rising debt following the financial crisis of 2007-2008, power plants, in development as Indonesia have continued to rise.

Economic output of Indonesia was 706.6 billion dollars in 2010, against only $ 95.4 billion in 1998, when the nation was involved in the Asian financial crisis that led to the end of the long dictatorship of Indonesian President Suharto. His departure led to economic and political reforms in the fourth nation in the world’s most populous.

Indonesia fortunes soaring number of echoes of Indonesians took the sky – this year, the numbers of air transport within the country is expected to rise by 15%, Indonesia Ministry of Transport said.

“As the middle class in Indonesia is increasing in number, the more people will travel around the archipelago,” said Indonesian Foreign Minister, Marty Natalegawa. “And the best way to travel is air travel, and hence why I think that the projection will be a very promising future, and offer many opportunities for many.”

For Obama, the recording contract helped to underscore the message echoed during his trip to Asia: It’s strong economic ties with Asia is creating jobs at home.

“For several days I talked about how we need to ensure that we have a presence in this region, it can translate directly into jobs at home,” Obama said in a statement. “And we see here – a multi-million between Lion Air – one of the fastest growing airlines, not just in the region but around the world – and Boeing will lead to more than 100,000 jobs back to U.S. States of America, over a long period. ”

When he was asked why Lion Air Boeing chose biggest rival, French-made Airbus, said CEO Kirana CNN: “There is not much difference between Airbus and Boeing is like a person choose what they prefer to eat just one bowl to another … ”

Boeing executives are no doubt pleased the airline prefers dinner restaurant in Seattle in Indonesia rather than in France. And the rise of the fortunes of the archipelago, many more Western companies to try to find a seat at the table in Indonesia.

Source: http://edition.cnn.com/2011/11/18/business/boeing-lion-air-indonesia-analysis/index.html?hpt=ibu_t4

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