 "The letter of intent is for 25 Q400 turboprops and purchase rights for an additional 25 aircraft.")
SpiceJet has firmed up its order of upto 50 Bombardier Q400 planes to give a push to its regional connectivity planes.
On Friday, the airline signed a purchase contract for the planes. It will also be the launch customer for extra-capacity 90 seat Q400 planes.
On Friday, the airline signed a purchase contract for the planes. It will also be the launch customer for extra-capacity 90 seat Q400 planes.
The purchase agreement includes 25 Q400 planes and rights for another 25 planes. Based on the list price, the deal is valued at $ 1.7 billion. SpiceJet signed a memorandum of understanding (MoU) with Bombardier at the Paris Air Show in July. This is the largest order ever for Q400 aircraft from any customer.
