SpiceJet to buy 100 planes from Boeing as it prepares for long-haul flights

Singh said the purchase rights include an option to buy wide-body aircraft for long haul journeys

SpiceJet said it had signed a deal for buying up to 205 planes from Boeing - worth up to $22 billion at list prices - but the announcement includes 55 jets already announced in a 2014 deal and the possible follow-on order of 50 more.

"As part of this transaction have they (Boeing) not only been kind enough to give us good commercial terms but have worked hard to reduce the maintenance cost of the aircraft going forward," Ajay Singh, SpiceJet's chairman, told a news conference in New Delhi.

A source told Reuters on Thursday that SpiceJet was set to announce an