The Traderszone Network

Published in TZ Latest News 29 July, 2015 by The TZ Newswire Staff

India’s SpiceJet in talks with Boeing, Airbus for $11 billion jet deal

Indian budget airline SpiceJet Ltd (SPJT.BO) is in talks with Boeing Co (BA.N) and Airbus Group (AIR.PA) to acquire about 100 new narrow-body jets, its chief financial officer said on Wednesday, in a deal that would be worth about $11 billion at list prices. SpiceJet wants to buy more Airbus A320neo and Boeing 737 Max aircraft, Kiran Koteshwar told Reuters, as it looks to rebuild its business after almost collapsing last year.

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