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SpiceJet, Boeing sign MoU for 40 737 MAX planes for $4.7 bn

The MoU was signed at Paris Airshow

Press Trust of India  |  Mumbai 

Budget carrier SpiceJet on Monday signed an initial pact with the US aircraft maker Boeing Co for 40 737 MAX planes. A Memorandum of Understanding (MoU), valued at $4.7 billion at current list prices, was signed at the Paris Air Show, which commenced today. The agreement is split evenly between 20 new orders for the 737 MAX 10 and conversions of 20 737 MAX 8 airplanes from the airline's existing order to 737 MAX 10s, according to a release. "As a Boeing 737 operator and current customer of the 737 MAX, we are proud to be a part of the launch of the 737 MAX 10 ...

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First Published: Mon, June 19 2017. 17:48 IST
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