SpiceJet to announce order for 42 Boeing 737 MAX planes

SpiceJet has agreed to buy about 40 Boeing jets worth over USD 4 billion at list prices, industry sources had said in January, a move that could help the loss-making carrier as it seeks new investors.

March 12, 2014 / 12:11 IST

26 Aug, 2025 12:21

Volume

Todays L/H

Budget airline SpiceJet will on Wednesday announce an order for 42 Boeing 737 MAX jets, a source with direct knowledge of the matter told Reuters.

SpiceJet has agreed to buy about 40 Boeing jets worth over USD 4 billion at list prices, industry sources had said in January, 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 loosened restrictions on investment by foreign airlines.

Also Read: Ahead of Holi, SpiceJet, IndiGo launch another fare war

first published: Mar 12, 2014 10:36 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347