SpiceJet in talks with Boeing, Airbus for $11 billion jet deal

SpiceJet in talks with Boeing, Airbus for $11 billion jet deal

Technology

SpiceJet in talks with Boeing, Airbus for $11 billion jet deal. Budget airline SpiceJet Ltd (SPJT.BO) is in talks with Boeing Co (BA.N) and Airbus Group (AIR.PA) to acquire about 100 new narrow-body aircraft, its finance chief said Wednesday, in a deal worth about $ 11 million at list prices.
SpiceJet in talks with Boeing, Airbus for $11 billion jet deal

SpiceJet want to buy more Airbus A320neo and Boeing 737 MAX, Kiran Koteshwar Reuters. He said the company plans to order by the end of this year and would raise fresh equity or debt to pay for the aircraft, once he had decided how many you buy.

“We need to order so we have a business plan in place long-term. The focus is now on an important growth,” he said.

SpiceJet expansion plans come after the second low-cost carrier in India almost collapsed late last year, before she was rescued by the new president Ajay Singh.

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