SpiceJet, the country’s low-cost carrier, is reportedly set to seal an order for at least 90 new 737 jets from Boeing, an order worth about $10 billion that will help the low-cost carrier tap into country’s booming air travel market. The announcement for the 737 MAX aircraft - which includes at least 42 of the narrow body jets SpiceJet had previously agreed to buy from Boeing in 2014 - is expected early.
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.
