Tuesday, June 27, 2017

SpiceJet’s order to buy planes from Boeing will support many American jobs: Trump

Washington: US President Donald Trump on Tuesday said a recent order for 100 new aircraft placed by an Indian airline will create thousands of American jobs, referring to SpiceJet’s decision to buy planes from Boeing.

SpiceJet had announced an order worth $22 billion with the US aircraft maker in January. The order is expected to create 1.32 lakh high-skilled jobs in America.

“I was pleased to learn about an Indian airlines’ recent order of 100 new American planes, one of the largest orders of its kind, which will support thousands and thousands of American jobs,” Mr.Trump said alongside Prime Minister Narendra Modi at the White House Rose Garden.

During their maiden meeting, Mr.Modi and Mr.Trump discussed a range of issues.

Mr.Trump’s remarks come at a time when there are concerns in certain quarters that jobs are moving out of the US.

SpiceJet Chairman and Managing Director Ajay Singh said the planes under the $22 billion order would be manufactured in the US.
“As per the US Department of Commerce, it creates 1,32,000 high-skilled, high-paid American jobs within the US,” Mr.Singh said in a statement.

“We have placed a large order for the Boeing 737 MAX, in fact, the biggest ever placed by an Indian airline with Boeing. The new planes start to join the fleet in the middle of 2018 and with that our operating cost will further go down,” he noted.
27/06/17 PTI/The Hindu