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Turkish to launch direct flights to San Francisco

Turkish to launch direct flights to San Francisco

Turkish Airlines plans to begin offering a non-stop service between Istanbul and the high-tech hub next spring.
Highest ever quarterly profit for AA

Highest ever quarterly profit for AA

American Airlines has announced a second quarter 2014 net profit of $1.5 billion, the largest recorded in the company’s history. 
ANA becomes world’s first flyer of new B787-9

ANA becomes world’s first flyer of new B787-9

All Nippon Airways (ANA) is set to be the inaugural operator of Boeing’s stretched version of its Dreamliner aircraft in August.
JAL revises flights schedules for several routes

JAL revises flights schedules for several routes

Japan Airlines (JAL) has increased the number of connections between North American and Asia, as well as transit opportunities across Japan.
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Boeing finalises its biggest order with troubled Lion Air

News Tuesday, 14 February 2012 10:51 Written by  Oliver Clark

 

Privately-owned Indonesian carrier Lion Air has finalised a record order for 230 aircraft from Boeing, including 201 B737 MAXs and 29 Next-Generation B737-900ERs, as it seeks to expand within the Asia-Pacific.

 

The carrier, which already operates to 36 destinations mainly within the Indonesia archipelago, also placed an option for 150 more aircraft as part of the biggest single aircraft deal in Boeing’s history and which was signed in the presence of US President Obama.

 

The manufacturer claims the 737 MAX will 10-12% more fuel efficient than current single aisle aircraft.

 

Lion Air currently operates international services to Vietnam, Kuala Lumpur and Singapore and has made its determination to expand its route network clear. It states on its website that “Soon, you’ll be able to fly extensively throughout the Asia Pacific region with Lion Air”.


Speaking to Reuters on the eve of the Singapore Airshow, CEO Rusdi Kirana told Reuters the with the completion of the aircraft deal, a delayed bid public flotation of the company was now likely to take place within the next two years.

 

The airline has been embroiled in scandal after two pilots were arrested on drug charges. It also remains on the EU’s list of airlines banned from operating in European airspace.

 

Kirana said Lion Air currently held a 51% share of the domestic market and aimed to go public when this reached 60%, something he estimated would happen "in the next two years"

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