Exclusive: SpiceJet Orders 40 Boeing Jets Worth $4 Billion: Sources

wochit business
January 07, 2014 AT 9:28 AM
Indian budget airline SpiceJet has agreed to buy about 40 Boeing 737 jets worth over $4 billion at list prices, industry sources said, a move that could help the loss-making carrier as it seeks new investors. The deal includes a firm order for as many as 42 Boeing 737 MAX aircraft that offer fuel savings compared to SpiceJet's existing fleet of current-generation Boeing 737s, the sources said.