SpiceJet to buy 30 Boeing aircraft for $2.7 billion

Mumbai: Budget airline SpiceJet will buy 30 B737 planes from US aircraft manufacturer Boeing in a deal worth $2.7 billion, which will form part of $10 billion pacts being sealed during US President Barack Obama's visit. "The order of 30 aircraft, the second of such order by SpiceJet, will enhance it's market," said Bhulo Kansagra, Director and one of the promoters of SpiceJet at the US India Business Council meet.
Boeing India President Dinesh Keskar said the deal, announced today, was signed in late October after it received government approvals.
The deal is part of 20-odd pacts, worth USD about 10 billion, that are to be sealed during Obama's 3-day visit. The agreements are expected to create 50,000 jobs in the US.
06/11/10 Press Trust Of India/Hindustan Times

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Categories: Foreign Nov 2010, New Nov 2010, spicejet Nov 2010