PARIS (Reuters) - Airbus
French President Francois Hollande's office on Monday called the deal with Lion Air, traditionally a client of Boeing
The contract for the A320 planes trumped that between Lion Air and Boeing in 2011 for 201 planes worth $22 billion. Lion Air has been rapidly growing its fleet to meet the need for medium-haul jets servicing the growing aviation market in Indonesia, the world's fourth most populous country.
Shares in Airbus parent EADS were down 1.3 percent on Monday, roughly in line with a wider decline in France's benchmark CAC40 <.FCHI> index.
The landmark order includes 109 A320neo and 64 A321neo planes - with the neo designating the newest fuel-saving type of the narrow-body jets - as well as 60 A320 "classic" planes.
While below a recent peak, airplane demand remains robust as airlines and lessors modernize fleets in a bid to drive down fuel costs, while emerging markets continue to grow strongly.
(Reporting by Julien Ponthus and Tim Hepher. Writing By Alexandria Sage and Christian Plumb; Editing by Mark John and Mark Potter)