Mentari Airlines, operating as Lion Air, an Indonesian low-cost airline based in Jakarta is in discussions for the purchase of 50 Boeing 7373 MAX 10 aero planes valued at $6.2 billion.
According to industry experts, the 7373 MAX 10 aero plane is a narrow body aircraft series designed and produced by Boeing Commercial Airplanes, the US based aviation giant.
Mentari Airlines is the second largest low-cost airline in Southeast Asia after Air Asia and the second largest airline in Indonesia. The carrier is looking to cash in on a transport boom in the south-east Asian nation.
According to a statement released by the airline, the new single-aisle plane is the latest of Boeing’s 737 MAX series, which has room for about 130 to 230 passengers and can fly up to 7,130km.
According to reports, the firm said the new planes that are due to be delivered in 2020 will be the most fuel efficient, profitable and unique single aisle jets in the entire aviation industry.
The Indonesia carrier, which started with just a single plane less than two decades ago, surprised the sector five years ago when it announced two of the world’s largest aircraft orders worth a whopping $46 billion.
Lion Air, which was founded by brothers Kusnan Kirani and Rusdi Kirani in 1999, is expanding rapidly and is the first private airline in Indonesia.
With a population of about 260 million, Indonesia is said to be the world’s fourth most populous nation with about 17,000 islands and is home to Southeast Asia’s biggest economy.
The country’s economy is growing quickly and there is a growing middle class that is abandoning travels by bus, ferry and train for the more comfortable and quicker air travels.