Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · The Lionís Share
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

The Lionís Share

President Barack Obama Witnesses Signing of Historical Sales Contract Between Indonesiaís Lion Air and Boeing Aircraft Corporation


Bali News: Bali, Indonesia, Lion Air, Barack Obama, U.S. President, Grand Hyatt Hotel, U.S. Ex-Im Bank, Boeing 737, Garuda, market share
Click Image to Enlarge

(11/21/2011)

During his visit to Bali U.S. President Barack Obama happily presided over a contract signing ceremony between Indonesia’s Lion Air and Boeing Corporation for the purchase of 230 aircraft worth US$21.7 billion.

Sweetening the deal, Lion Air has also taken an option on the purchase of an additional 150 planes worth a further US$14 billion.

Lion Air, an established and important customer of Boeing, currently operates 178 Boeing Next Generate B-737s.

Welcomed news to a faltering U.S. economy, President Obama called the transaction signed in Bali the biggest commercial transaction in the history of Boeing Aircraft.

At the signing ceremony between Boeing and Lion Air at the Grand Hyatt Resort in Bali, Obama lauded the historic importance of the deal for the Chicago-based aircraft maker that employs more than 100,000 people in the United States.

Lion Air which started operations with a single aircraft in 1999, has received financing from the U.S. Ex-Im Bank. Obama said the deal was part of his long-term plan to double the value of U.S. exports.

Lion Air has become Indonesia’s largest air carrier, controlling 38% of the passenger market carrying 20.5 million passengers. Growth is dramatic with 15 million passengers flown by the airline in 2009. Meanwhile, the national flag carrier Garuda carried only 12.3 million passengers in 2010.

Aviation experts in Indonesia are calling on Lion Air to meet the challenges of managing rapid growth in an airline that has received official warnings from the Ministry of Transportation for sub-standard on-time performance below 70%.
 


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Empowering Small and Medium Sized Hotel
Free Seminar on Maximizing On-Line Bookings for Hotels and Small Inns in Labuan Bajo, West Flores on Tuesday, September 2015
(8/31/2015)
Honors Times Three
Bali Safari & Marine Parks Wins Triple Honors at Bali Tourism Awards Product Update
(8/30/2015)
Maximizing Hotel Market Share
The Trans Resort Bali Partners With Hotel Link Solutions To Optimize Online Marketing and Sales Strategy
(8/30/2015)
Bali on the Run
Kenyans Continue to Dominate Winners Platform at BII-Maybank Bali Marathon
(8/30/2015)
Happily Never After
Chinese Mainland Bride Drowns on South Bali Beach During Pre-Wedding Photo Session
(8/30/2015)
Vials of Salvation Now Available
Bali Health Department: Bali Has Enough VAR Vaccine for Three Months to Come
(8/30/2015)
Illegal Excavation on Ungasan Peninsula
Police Check Reveals PT Bali Raga Wisata Project Undertaking Illegal Excavation of Ungasan Cliff Face
(8/30/2015)
In the Event of a Tsunami
Tsunami Evacuation Plan Established for Nusa Lembongan
(8/30/2015)
Recognizing Tourism Achievement in Bali
38 Winners of Bali Tourism Awards 2015 Announced
(8/30/2015)
A Bitter Cup?
French Tourist Claimed He Was Poisoned Shortly Before Dying in Kuta Hotel Room
(8/30/2015)
The Golden Fleece
Investigation Underway in Bali of Alleged Extortion Involving Chief of the Kuta Police Precinct
(8/30/2015)
Best Things in Life are Sometimes Free
One Night Performance of Bharatanatyam Indian Classical Dance by Manjula Amaresh in Peliatan, Bali on Thursday, September 10, 2015
(8/30/2015)
All [News]!