SpiceJet inks mega deal with Boeing

For purchase of up to 205 airplanes

SpiceJet and Boeing announced a deal for the purchase of up to 205 airplanes. SpiceJet enhanced its existing order of 55 aircraft with additional 100 firm B737-8 MAX and 50 purchase rights for B737-8 MAX and wide-body aircraft. With this, the total order of 205 aircraft is valued at $22 billion (Rs. 150,000 crores) at list prices.

This order, the biggest in SpiceJet's history, ends the era of turnaround and marks the beginning of a growth story for the next decade. This fleet acquisition provides SpiceJet the ability to capitalise on the robust demand forecast in the world's fastest growing aviation market.

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