By Vittorio Hernandez

Nusa Dua, Indonesia

U.S. President Barack Obama applauded a $21.7 billion deal for Boeing to supply 230 short haul 737 planes to Indonesian airline Lion Air.

It was the biggest commercial order Boeing has ever had by both dollar amount and the total number of aircraft, company officials said.

Lion Air is Indonesia's largest private carrier.

The announcement came at the end of Obama's weeklong Asia Pacific trip to boost U.S. jobs. Obama called the deal critical to boosting exports.

News of this deal comes only a few days after Boeing announced a deal with Emeritus Airlines to furnish 50 of its 777 jets for a price of $18 billion. In addition, Singapore Airlines recently signed an order for eight additional Boeing 777 airplanes in a deal worth $2.4 billion.

There was no immediate word on whether the deals would create any new jobs for U.S. workers, but they will certainly provide job security for existing Boeing workers.

 

Investing - Boeing Lands Monster Deal With Indonesian Carrier Lion Air | Boeing

 

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