Emirates and SpiceJet have signed a memorandum of understanding to enter into a reciprocal codeshare agreement. The deal is set to open new routes and destinations for passengers travelling between India and popular destinations across Africa, America, Europe and the Middle East.
The airline plans to use the 737 MAX to expand and standardise its fleet, while leveraging the super-efficient jet to reduce fuel costs per plane by $1.5 million a year.
Boeing and SpiceJet have signed a memorandum of understanding for 40 737 MAX airplanes. The agreement, valued at $4.7 billion at current list prices, is split evenly between 20 new orders for the 737 MAX 10 and conversions of 20 of the low-cost carrier’s 737 MAX 8 airplanes from its existing order to 737 MAX 10s.
Boeing and SpiceJet have announced a commitment for up to 205 airplanes during an event in New Delhi. Booked at the end of 2016, the announcement includes 100 new 737 MAX 8s, SpiceJet’s current order for 42 MAXs, 13 additional 737 MAXs which were previously attributed to an unidentified customer on Boeing’s Orders & Deliveries website, as well as purchase rights for 50 additional airplanes.
Qatar Airways has moved to quash speculation it is preparing to purchase a stake in SpiceJet. In a statement the carrier denied it was in talks to pursue a commercial stake in SpiceJet, saying there was “no interest” from the airline to engage in a partnership with the Gurgaon-based airline.
Boeing and SpiceJet announced today at India Aviation 2014 an order for 42 737 MAX 8s. The order, previously listed as unidentified on the Boeing Orders & Deliveries website, is valued at $4.4 billion at list prices.