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Boeing and SpiceJet announce deal for up to 205 Airplanes

Boeing and SpiceJet announced a deal for up to 205 airplanes in an event at New Delhi, India.

The announcement includes 100 new 737 MAX 8s, SpiceJet’s current order for 42 MAXs, 13 additional 737 MAXs which were earlier attributed to a mysterious customer on Boeing’s Orders & Deliveries website, and purchase rights for 50 additional airplanes.

“The Boeing 737 class of aircraft has been the backbone of our fleet since SpiceJet began, with its high reliability, low operation economies and comfort,” said Ajay Singh, chairman and managing director of SpiceJet. “With the next generation of 737 and the 737 MAX we are sure that we can be competitive and grow profitably.”

SpiceJet, all-Boeing jet operator, placed its first order with Boeing in 2005 for Next-Generation (NG) 737s and currently operates 32 737 NGs in its fleet.

“We are honored to build upon more than a decade of partnership with SpiceJet with their commitment of up to 205 airplanes,” said Ray Conner, vice chairman, The Boeing Company. “The economics of the 737 MAXs will allow SpiceJet to profitably open new markets, expand connectivity within India and beyond, and offer their customers a superior passenger experience.”

The 737 MAX features the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other enhancements to deliver maximum efficiency, reliability and comfort for passengers in the single-aisle market. The new airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class than its other competitor.