SpiceJet Places $4.4bn Boeing Order

The deal is a further fillip for Boeing, following flydubai’s large 737 MAX order placed at the Dubai Airshow

Indian low-cost carrier SpiceJet has placed a $4.4 billion order for 42 Boeing 737 MAX 8s at India Aviation 2014.

The deal is a further fillip for Boeing, following flydubai’s $11.4 billion order for up to 100 B737 MAXs (and 11 NG B737-800s) placed at the Dubai Airshow, and provides the MAX programme with some further fuel as it competes with Airbus’ popular A320neo.

With today’s announcement, SpiceJet has ordered 90 planes directly from Boeing, which includes the 737-800, 737-900ER and now the 737 MAX. To date, SpiceJet has taken delivery of 31 aircraft.

S.L. Narayanan, group CFO for The Sun Group, said the Boeing Next-Generation 737 aircraft has been the mainstay of the fleet ever since it started operations, citing the aircraft’s endurance, reliability and cost effectiveness.

“The induction of Boeing 737 MAX will further modernise our fleet, improve customer experience, and ensure that we operate the most efficient fleet well into the future,” he said.

Firm configuration of the new model is expected in July with the first flight scheduled for 2016.

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