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Mon, Feb 14, 2005

Boeing, SpiceJet in Agreement for Up to 20 Next-Generation 737-800s

Retail Value: $630 Million

India's SpiceJet last week placed a firm order for ten Boeing 737-800s, valued at $630 million at list prices, and has options for ten more. First delivery is scheduled for 2006.

"Boeing's willingness to work closely with us to meet all of our needs is an example of Boeing's superb commitment to its customers," said SpiceJet Board Director Bhulo Kansagra. "The superior operating economics of the Next-Generation 737 are especially important in light of continued rising fuels costs."

SpiceJet begins service in May with three leased Boeing 737-800s. Based in New Delhi, the airline is one of India 's newest start-up private carriers.

"It is gratifying to partner with SpiceJet to help them achieve profitability and provide reliable and comfortable service," said Dinesh Keskar, vice president - Sales and president - Boeing Aircraft Trading, Boeing Commercial Airplanes. "The 737, especially the Next-Generation 737, has played an integral role in Indian aviation."

FMI: www.boeing.com

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