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India's SpiceJet agrees to buy up to 205 Boeing jets, worth $22 billion

Dunya News

The purchase rights include an option to buy wide-body aircraft for long haul journeys.

(Reuters) - India’s SpiceJet said on Friday it had agreed to buy up to 205 jets from Boeing (BA.N), with a firm order of 155 new aircraft and an option for 50 more.

The deal would be worth up to $22 billion at list prices, the company said in a statement. The firm order of 155 737 MAX jets includes 55 planes agreed in an original deal with Boeing in 2014.

Ajay Singh, SpiceJet’s chairman, told a news conference in New Delhi that the purchase rights include an option to buy wide-body aircraft for long haul journeys.