WICHITA, Kan., Sept. 5, 2012 /PRNewswire/ -- Spirit AeroSystems, Inc. [NYSE: SPR] and Lion Air announced the signing of a supply agreement whereby Spirit Aftermarket Customer Support (ACS) will provide thrust reverser, fuselage, and wing component spare parts for Lion Air's fleet of Boeing aircraft. This multi-year contract will enable Lion Air to obtain competitive pricing for all parts in the Spirit catalog while ensuring availability for key parts and components.
"Lion Air has expressed long term confidence in the Boeing 737 product line and Spirit AeroSystems is committed to providing long-term support to this important and growing carrier," said Mike Williams, VP/GM of Spirit Aftermarket Customer Support. "As we expand our support infrastructure in the Asia Pacific market, providing a high level of support to Lion Air will be a key component of that plan."
Headquartered in Jakarta, Indonesia, PT Lion Mentari Airlines, operating as Lion Air, is Indonesia's largest privately run airline. Lion Air currently operates one Boeing 737-300, five 737-400, seven 737-800, 68 737-900ER and two 747-400 airplanes.
On the web: www.spiritaero.com/aftermarketAbout Spirit AeroSystems, Inc. Spirit AeroSystems, with headquarters in Wichita, Kan., USA, is one of the world's largest non-OEM designers and manufacturers of aerostructures for commercial aircraft. In addition to its Wichita and Chanute facilities in Kansas, Spirit has locations in Tulsa and McAlester, Okla.; Kinston, N.C.; Prestwick, Scotland; Preston, England; Subang, Malaysia; and Saint-Nazaire, France. In the U.S., Spirit's core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America, Europe and Asia. Spirit Europe produces wing components for a host of customers, including Airbus. About PT Lion Mentari Airlines Lion Air set a record when it placed an order for 230 aircraft from Boeing, making this the largest order in terms of aircraft ordered as well the cost of the order. In November 2011, Lion Air and Boeing announced that the airline planned to buy 29 737-900ER and 201 737 MAX aircraft, with options for 150 more. A firm order was signed on 14 February 2012, with the 737 MAX aircraft identified as 737 MAX 9s, making Lion Air the launch customer for that variant. By the time of the signing, Lion Air made the largest aircraft order in history, Deliveries of the -900ERs are to start in 2016, with the MAXs to follow in 2017. SOURCE Spirit AeroSystems, Inc.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV