Lion Air Places Huge Airbus Order

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

European planemaker and EADS (NASDAQOTH: EADSF ) subsidiary Airbus confirmed Monday that it has -- for the time being, at least -- matched Boeing's (NYSE: BA ) inroads into Indonesia.

Two years ago, Boeing struck a massive $21.7 billion (admittedly at list prices, which no one ever pays) deal to supply upstart airline Lion Air with some 230 new 737 MAX airplanes. Today, Airbus saw Boeing's offer and raised it four planes, signing a $24 billion contract (again, at list prices) to sell Lion Air 109 re-engined A320neos, 65 A321neos, and 60 conventionally engined A320ceos.

In so doing, Airbus both added Indonesia's largest private airline to its customer list for the first time ever and took a small unit-lead over Boeing of four planes -- and a larger dollar-value lead of $2.3 billion -- but maybe not for long. Part and parcel with Boeing's 2011 deal was the extension of options to Lion Air, giving the airline the right to buy an additional 150 planes.

Next move, Boeing.

Jeff Fischer and team have demystified options. And they can rack up income like $1,030... $2,626... and $3,228 on a schedule you can set your watch by!
That's why we're glad to announce every single one of their closely guarded strategies is available to YOU during May and June – 100% FREE, no strings attached! Just enter your email address in the box below...

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.