FULL ARTICLE

Lion Air plans to renegotiate remaining 737 MAX orders with Boeing

Batam, Indonesia - Indonesian low-cost carrier Lion Air may need more Boeing 737 MAX jets to maintain upon the manfacturer's grounded aircraft is allowed by regulators to fly again.

The statement made by the airline's co-founder Rusdi Kirana during an interview with Reuters news agency.

Lion Air had threatened Boeing to cancel its remaining orders for 187 aircraft worth $21 billion after one of its 737 MAX 8s crashed in Jakarta last year in October.

He said the low-cost airline, which had previously threatened to cancel its order for 187 jets worth $21 billion at list prices.

Kirana said they would need to be satisfied by Boeing's offer during negotiations before taking the planes currently on order.

If they don't satisfy us, we will cancel the contract,

Kirana said.

All 189 passengers and crew on board one of Lion Air's new 737 Max jets were killed when the plane crashed into the Java Sea shortly after take-off.

The second MAX 8 crash in Ethiopia on March 10 led the aircraft to be grounded worldwide.

Mr.Kirana recently blamed Boeing for looking down on the Lion Air although the airline is one of the largest customers of the American aircraft manufacturer.

A final report on the Flight 610 crash is expected to be released in September, Indonesian civil aviation authority said last week.