SpiceJet set to order 42 Boeing 737 MAX jets: Report

12 Mar 2014

SpiceJet is reportedly set to order 42 Boeing 737 MAX jets. The budget airline has agreed to buy around 40 Boeing jets worth over $4 billion at list prices, a move that could help the loss-making carrier as it seeks new investors.

The airline, controlled by billionaire Kalanithi Maran's Sun Group, is seen as a target for foreign investors after India eased restrictions on investment by foreign airlines.

SpiceJet is India’s most preferred airline delivers the lowest air fares with the highest consumer value. The airline currently operates more than 350 daily flights to over 44 Indian cities and 9 international destinations.

Related Spicejet Ltd. Links:

Spice Jet Share Price

82.70 -2.35 (-2.76%) Feb 26, 18:55
1 Year Price Chart
Peers
Company Name CMP
Interglobe Aviation 1623.15
Jet Airways (I) 135.50
Hindustan Aeron 1087.40
Spice Jet 82.70
Global Vectra Helico 46.45
View more..
Sensex vs Spice Jet
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback