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Boeing Finalizes Order For 230 Planes From Indonesian Carrier

CHICAGO (CBS) -- In the biggest order ever for a Chicago company, Boeing has finalized an order from Indonesian carrier Lion Air for 230 planes.

As WBBM Newsradio's John Hultman reports, the order is worth a whopping $22.4 billion.

LISTEN: WBBM Newsradio's John Hultman reports

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It is the largest offer Boeing has ever received, both in dollar value and number of airplanes.

The order includes 201 of Boeing's redesigned 737, called the Max, and 29 extended-range 737-900s. Lion Air has an option on 150 more.

Until this deal was confirmed, Boeing's biggest confirmed order was from Southwest Airlines Co. That order was for 208 planes worth $19 billion at list prices.

Lion Air, Indonesia's largest private airline, currently has a fleet of 76 planes, according to Airfleets.net. Sixty-eight of those are Boeing 737s.

(TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS Radio and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press contributed to this report.)

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