SpiceJet to buy 10 Boeings

Boeing 737-900ER at $70 million apiece; options for ten more

BY A CORRESPONDENT
February 22, 2006

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SpiceJet made the first big order for Boeing planes at the Asian Aerospace Show currently on at Singapore's Changi Exhibition Center. The Indian low-cost carrier made the order (exercising an option) for ten Boeing 737-900ER at a list price of $70 million apiece. There is also an option to buy ten more.

The Boeing 737-900ER is designed to carry more passengers and fly longer than current models of the single-aisle aircraft.

The 210-seater Boeings may be deployed in Delhi-Mumbai or Delhi-Bangalore routes. The low-cost airline SpiceJet started its operations last year.

“We are absolutely delighted to be placing a new order with Boeing and we think that this new order reflects the rapid growth in the Indian aviation market,” Ajay Singh, director of Spicejet was quoted as saying in Business Standard. Boeing officials said that they expect the order to help SpiceJet boost passenger traffic.

Boeing is promoting the 450-seat 747-8 and its wide-body sibling, the 777, which is pitted against Airbus' A340. Boeing bagged 154 orders for the 777s in 2005, while the A340 attracted only 15 firm orders.