Lion air to buy A320 engines from GE, Safran JV

|By:, SA News Editor

Indonesia's Lion Air has ordered engines for 60 Airbus A320 jets from General Electric (GE) and Safran joint venture CFM International in a deal worth $1.2B at list prices.

Lion Air still has to decide which engines it wants to buy for its 174-strong fleet of upgraded A-320 aircraft that it has on order.

Lion Air intends to cancel a booking for five Boeing (BA) 787-8 aircraft, as it wants to buy bigger planes next year, although it also plans to purchase Boeing 737 aircraft.