SpiceJet Boeing Deal for 205 Planes

IAS Prelims 2023

SpiceJet has done a deal with Boeing to purchase up to 205 new aircrafts with the order valued at Rs 1,50,000 crore.

With the earlier order for 55 planes and additional 100 new 737-8 MAX aircraft, the no-frills carrier now has firmed up order for a total of 155 planes, besides purchase rights for 50 B737-8 MAX and wide body aircraft.

SpiceJet Chairman and Managing Director Ajay Singh said the total order of 205 aircraft is valued at Rs 1,50,000 crore (USD 22 billion).

This is one of the largest deals in Indian aviation and the largest for SpiceJet.

Currently, the budget carrier has 32 next generation B737s and 17 Bombardier Q400s.