Boeing sounds out Indian carriers on 737 MAX-10 aircraft

Fri Mar 3, 2017 9:10am EST
 
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By Rachit Vats and Ankit Ajmera

(Reuters) - Boeing Co (BA.N: Quote) has approached India's SpiceJet Ltd SPJT.BO and Jet Airways Ltd JET.NS as it gauges airlines' interest in its 737 MAX-10 aircraft, the stretched version of the yet-to-be-delivered 737 MAX narrow-body jetliner, a senior executive said.

Indian carriers are rapidly expanding to meet demand in the world's fastest-growing aviation market, with most of the growth involving flights into and out of the country's biggest cities.

"We have presented it to both the airlines what the airplane looks like, and it's in a very preliminary stage," Dinesh Keskar, senior vice president, Asia Pacific and India sales, Boeing Commercial Airplanes, told Reuters.

"If you are flying to the metros this (737 MAX-10) will be a perfect airplane, because runways are long, demand is there, frequency is already there."

Airplane makers typically line up orders before deciding whether to formally undertake building a new aircraft.

SpiceJet and Jet Airways have the option to substitute some of their existing orders of MAX planes with the MAX-10, Keskar said.

In January, budget airline SpiceJet agreed to buy 100 new 737 MAXs aircraft with an option for 50 more, while Jet Airways had 75 orders for the 737 MAX through January 2017.

SpiceJet and Jet Airways did not respond to requests for comment.   Continued...

 
The logo of Boeing (BA) is seen in Los Angeles, California, United States, April 22, 2016. REUTERS/Lucy Nicholson/File Photo