SpiceJet in talks to order at least 150 new planes

SpiceJet is in talks to buy 100 narrow-bodied aircraft (Boeing 737 MAX or Airbus 320 Neo) and 50 turboprop aircraft, Singh said.

SpiceJet is in talks with aircraft manufacturers to place orders for at least 150 new planes, Chairman Ajay Singh has been quoted as saying by a business daily.

"It will be a significant sized order. And it will be placed soon," Singh told the paper.

SpiceJet is in talks to buy 100 narrow-bodied aircraft (Boeing 737 MAX or Airbus 320 Neo) and 50 turboprop aircraft, the financial newspaper says quoting Singh.

"We have two businesses here. Large aircraft for metros and larger towns and small aircraft for smaller regional towns. We see a potential in the regional aircraft business," Singh told the daily.

Singh also said that he was hopeful of placing the order by the end of this financial year.

Currently, SpiceJet operates a fleet of 25 Boeing, two Airbus (on wet lease) and 14 Bombardier aircraft.