Boeing announces SpiceJet order for up to 205 airplanes

Boeing (NYSE: BA) has announced a commitment by SpiceJet for up to 205 airplanes during an event in New Delhi, the airline said.

Booked at the end of 2016, the deal includes 100 new 737 MAX 8s, SpiceJet´s current order for 42 MAXs, 13 additional 737 MAXs which were previously attributed to an unidentified customer on Boeing´s orders & deliveries website, as well as purchase rights for 50 additional airplanes.

SpiceJet, an all-Boeing jet operator, placed its first order with Boeing in 2005 for Next-Generation (NG) 737s and currently operates 32 737 NGs in its fleet.

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

The new airplane will deliver 20% lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class — 8% per seat less than its nearest competitor.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: commercial airplanes, Boeing military aircraft, network & space systems, global services & support, and Boeing capital.