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News Summary: Airbus gets biggest order ever

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The Associated Press | March 18, 2013 12:11 PM EST | AP


SKY HIGH: Airbus signed its biggest deal ever on Monday, an order for 234 planes from Indonesian's Lion Air, worth (EURO)18.4 billion ($24 billion).

LION'S SHARE: Lion Air is buying 169 A320s and 65 A321 jets. The first planes will be delivered in 2014 and most of them will be outfitted with a new, more fuel-efficient engine that Airbus has recently developed.

BIG BIRD: Lion Air is a major player in the Indonesian market and also gave Boeing its largest-ever order when it finalized a deal last year for 230 planes.