Indian budget airline SpiceJet Ltd. is awaited to order around 92 Boeing Co. 737 jetliners as the carrier plots quick augmentation in the world's fastest growing aerospace market. With this deal more than double SpiceJet's 49-plane fleet, which will be closed within weeks after prolonged talks that be marked Boeing against opponent Airbus Group SE, according to the sources.The 92 Max jets costs about $10.1 billion before the discounts that are usual for large purchases.
With the effect of this deal, SpiceJet would shut down operations for a day. Ajay Singh (Current chairman and co-founder) bailed outs for the low-cost carrier. Boeing will gain a stronger toehold in India.
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