Wednesday, July 18, 2018

Jet Airways to buy 75 more 737 Max airplanes from Boeing for $8.8 billion

Naresh Goyal-promoted Jet Airways on Tuesday signed a formal agreement with Boeing Co to acquire an additional 75 latest single-aisle 737 Max aircraft valued at $8.8 billion at current list prices.

The two companies inked the pact at the ongoing Farnborough International Airshow, which kick-started in southwest of London yesterday, according to a joint release.

In 2015, the airline had ordered 75 such planes. Earlier this year, it decided to buy 75 more aircraft of the same model.

"Boeing and Jet Airways confirmed that the Indian carrier placed an order for an additional 75 737 MAX 8 airplanes during a signing ceremony at the 2018 Farnborough International Airshow. The order is valued at USD 8.8 billion at current list prices," the release said.
18/07/18 PTI/Business Today

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