New Delhi: Chennai-based low-cost carrier SpiceJet is likely to soon place an order for 30 to 40 Boeing 737 MAX aircraft as well as firm up the options for 15 Bombardier Q400 planes, according to aviation consultancy firm Centre for Asia Pacific Aviation.
At list price, the order size could be to the tune of $4 billion to $4.5 billion. The CAPA report states that SpiceJet is also likely to get a strategic investor in the next three to six months and the aircraft orders are likely to be made only after the investor arrives. The Boeing 737 MAX costs $100.5 million at list price whereas Bombardier Q400 costs $27 million.
The move would stave off competition from AirAsia India which is likely to begin services by the end of the fiscal using Chennai as a hub to connect Tier II and Tier III cities.
14/05/13 Indian Express
