The deal from Lion Air, Indonesia’s largest private carrier, included orders for 29 Next-Generation 737-900 extended range planes and 201 of Boeing’s new 737 MAX, an updated version of its best-selling model.
The company said the 201 orders for the 737 MAX were included in previously announced commitments for 700 of the planes, which are due to enter service in 2017 equipped with fuel-efficient engines.

The Lion Air deal includes options for another 150 aircraft valued at $ US14 billion, bringing the potential total value to $ US35 billion, although big plane orders tend to come with significant discounts.
Boeing said the Lion Air order, when finalized, would be its largest ever “by both dollar volume and total number of airplanes.”
The plane maker said strong customer demand was driving its plans to raise production over the next three years. “As a result of that increase, we will definitely be adding many more jobs,” Boeing spokesman Doug Alder Jr. said without giving a specific figure.

Read more: http://www.smh.com.au/business/world-business/boeing-secures-largest-ever-commercial-order-20111118-1nlxu.html#ixzz1e0m42Avy

Indonesia News Blog

More mobile-phone operators, from Telkomsel to Indosat and XL Axiata, now allow users to make transactions with their phone credits.

“In theory, this trend is good for the economy,” said Ronald Waas, an accounting and payment director at the central bank. “It boosts bank transactions.”

The problem, he said, is how people tend to think about the transaction.

“I’m concerned about the way people see it,” he said. “[Phone credits] can’t replace money; there is a rigid definition of what we call money.”

“People who make payments with mobile phone credits are bartering. We have to be careful how we should regulate it.”

E-money is not a new concept in Indonesia. Since 2006, banks have offered electronic savings systems that allow customers to transfer money, shop in certain stores and pay for bills, tolls, airport taxes and even parking.

Bank Mandiri, Bank Rakyat Indonesia, Bank Central Asia, Bank Negara Indonesia and Bank Mega have implemented such systems.

The number of e-money users has surged from 400,000 in 2007 to about 11.3 million in August, up 43 percent from a year earlier.

Indonesia News Blog