Thursday, December 11, 2014

SpiceJet’s $4-billion order for 737 Max aircraft intact, says Boeing

Mumbai: Despite the recent financial woes that have led SpiceJet to cut down fleet and operations, the airline’s scheduled delivery of 42 Boeing 737 Max aircraft, worth over $4 billion, remains intact with the first aircraft set to be delivered by the end of 2018.
“The order (by SpiceJet) very much holds even though the airline is working towards reducing debt and getting back to healthier finances,” Dinesh A Keskar, Boeing’s vice-president (sales) for Asia Pacific and India, said in a telephonic interview.
“Our track record is very good and not a single Boeing order has so far been canceled. We don’t expect SpiceJet to cancel or reduce their order,” Keskar added.
When asked about the status of the Boeing order, a SpiceJet spokesperson said the airline didn’t want to comment on the issue.
11/12/14 Rhik Kundu/Financial Express
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