US Vice President lauds SpiceJet for $22 bn Boeing order

Image
IANS Washington
Last Updated : Jun 28 2017 | 11:02 PM IST

Following US President Donald Trump's praise of Indian carrier SpiceJet for creating jobs in America, Vice President Mike Pence has also lauded the low-cost Indian carrier for creating thousands of jobs in his country.

"Let me just take the opportunity, as the President did yesterday (Monday), to say thank you to SpiceJet for investing and believing in American workers and American businesses," Pence said on Tuesday while addressing the 42nd annual celebrations of the US-India Business Council (USIBC).

During a joint press conference alongside Prime Minister Narendra Modi at the White House on Monday, Trump praised SpiceJet for creating jobs in the US with its $22-billion order for Boeing planes.

"I was pleased to learn of an Indian airline's (SpiceJet) recent order of 100 new American planes, one of the largest orders of its kind which will support thousands of American jobs," Trump said.

SpiceJet Chairman Ajay Singh in a statement said: "We have placed a large order for the Boeing 737 MAX, in fact, the biggest ever placed by an Indian airline with Boeing. The new planes start to join the fleet in the middle of 2018 and with that our operating cost will further go down."

"As per the US Department of Commerce, it creates 1,32,000 high-skilled, high-paid American jobs within the US," he added.

--IANS

bc-rv/bg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 28 2017 | 10:52 PM IST

Next Story