No-frills airline SpiceJet on Tuesday announced plans to purchase 50 Q400 turboprop aircraft worth $1.7 billion (more than ₹10,900 crore) from Bombardier, a day after signing a pact for buying 40 Boeing 737 MAX planes.
SpiceJet, which has drawn up ambitious expansion plans, has signed a letter of intent with Bombardier Commercial Aircraft to buy up to 50 Q400 turboprop aircraft.
The letter of intent is for 25 Q400 turboprops and purchase rights for an additional 25 aircraft. These are 86-seater planes.
ADVERTISEMENT
This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every
month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by its editorial values to provide you quality journalism.
You have read {{data.cm.views}} out of {{data.cm.maxViews}} free articles.
This is your last free article.