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Boeing, SpiceJet sign a deal

By Swati Deshpande,

Added 15 January 2017

The deal is for 205 airplanes including 50 purchase rights

"We are honored to build upon more than a decade of partnership with SpiceJet with their commitment of up to 205 airplanes," said Ray Conner, Vice Chairman, The Boeing Company. "The economics of the 737 MAXs will allow SpiceJet to profitably open new markets, expand connectively within India and beyond, and offer their customers a superior passenger experience."

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

The new airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class - 8 percent per seat less than its nearest competitor.

END