Indian budget airline SpiceJet has agreed to buy around 40 Boeing 737 passenger jets worth over $4 billion at list prices as it seeks to modernize its fleet and climb out of the red, industry sources said on Tuesday.
SpiceJet has placed a firm order for as many as 42 Boeing 737 MAX aircraft that offer fuel savings compared to its existing fleet of current-generation 737s, one source said.
Such an order would be worth $4.4 billion at list prices without adjusting for either inflation or price discounts.
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