SpiceJet strikes big deal with Boeing

Placing its largest ever aircraft order, SpiceJet announced it will buy up to 205 Boeing planes worth $22 billion or Rs.1.5 lakh crore at list price. The low-cost carrier (LCC) increased its existing order of 55 single aisle B 737-8 by 100 to 155 planes. An additional 50 planes : a mix of wide body and B 737s, have been placed as optional order, taking the total to 205.
The 155 planes on firm order will be delivered between 2018 and 2024. The list price of firm order of 100 additional planes placed now is $11 billion.

SpiceJet currently has 32 B-737s and 17 regional jets in its fleet. Singh re-acquired the LCC two years back when it was on the brink of closure.

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