Business & GA

SpiceJet Commits to Possible Multi-Billion-Dollar Purchase

By S.L. Fuller | January 13, 2017
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Domestic Indian airline SpiceJet has recently committed to the purchase up to 205 Boeing airplanes, the manufacture says. This includes 100 new 737 MAX 8s, SpiceJet’s current order for 42 MAXs, 13 additional 737 MAXs and purchase rights for 50 additional aircraft. The 100 737 MAX 8s alone could be worth a reported $11 billion. Should all 205 aircraft be purchased, that number could double.
 
 
Boeing and SpiceJet announced today a commitment for up to 205 airplanes during an event in New Delhi. Seen here is an artist’s rendition of a Boeing 737 MAX in SpiceJet livery. Photo: Boeing
 
SpiceJet placed its first order with Boeing in 2005 for Next-Generation 737s, of which SpiceJet currently operates 32. According to its website, SpiceJet operates the Boeing 737-900ER and 737-800, and the Bombardier Q400.
 
The Boeing 737 MAX 8 completed its first international trip last May. First delivery of the aircraft is planned for the third quarter of this year. The single-aisle airplane incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements.

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