Hyderabad: Spicejet has signed a $4.4 billion (about Rs 26,000 crore) deal with aircraft manufacturer Boeing for supply of 42 aircraft. Dinesh Keskar, Senior Vice-President of Asia-Pacific and India Sales, Boeing, said order is for 737 MAX8s that offer fuel efficiency.
The two firms have formalised the deal at the inaugural of the India Aviation show that began here on Wednesday. This is the biggest ever deal announced at the show, which entered into its fourth edition.
"SpiceJet greatly values the ties we have built over the years with Boeing. The Boeing Next-Generation 737 aircraft, the mainstay of the fleet ever since SpiceJet started operations, have vindicated our choice by their endurance, reliability and cost effectiveness," said S.L. Narayanan, Group CFO for The Sun Group. "The induction of Boeing 737 MAX will further modernise our fleet, improve customer experience, and ensure that we operate the most efficient fleet well into the future."
12/03/14 Business Line
To Read the News in full at Source, Click the Headline
The two firms have formalised the deal at the inaugural of the India Aviation show that began here on Wednesday. This is the biggest ever deal announced at the show, which entered into its fourth edition.
"SpiceJet greatly values the ties we have built over the years with Boeing. The Boeing Next-Generation 737 aircraft, the mainstay of the fleet ever since SpiceJet started operations, have vindicated our choice by their endurance, reliability and cost effectiveness," said S.L. Narayanan, Group CFO for The Sun Group. "The induction of Boeing 737 MAX will further modernise our fleet, improve customer experience, and ensure that we operate the most efficient fleet well into the future."
12/03/14 Business Line