In order to increase its footprints in the world’s fastest growing aerospace market, budget airline SpiceJet is reportedly planning to order at least 92 Boeing Co 737 jetliners. The order could be worth about $10.1 billion. The deal, which would more than double SpiceJet’s 40-plane fleet, may be closed within weeks.
SpiceJet was among the first private companies that stepped into the Indian aviation sector. The airline was launched with an objective to deliver the lowest air fares with the highest consumer value, to price sensitive consumers.
