SpiceJet to seal $10 billion deal with Boeing for 737 jets

SpiceJet to seal $10 billion deal with Boeing for 737 jets

SpiceJet airlines (File photo | PTI)

NEW DELHI/SINGAPORE: India’s SpiceJet is set to seal an order for at least 90 new 737 jets from Boeing, two sources said on Thursday, an order worth about $10 billion that will help the low-cost carrier tap into India’s booming air travel market.

The announcement for the 737 MAX aircraft – which includes at least 42 of the narrowbody jets SpiceJet had previously agreed to buy from Boeing in 2014 – is expected as early as Friday when SpiceJet’s chairman holds a press event in New Delhi, the two sources familiar with the matter said.

The two sources declined to be identified ahead of Friday’s press announcement.