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EADSY Airbus SE (PK)

41.59
0.49 (1.19%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Airbus SE (PK) USOTC:EADSY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.49 1.19% 41.59 41.52 41.86 41.72 41.3901 41.72 115,219 21:22:28

India's SpiceJet to Announce Order For 100 Passenger Jets in Next Month, Chairman Says

21/10/2016 8:20am

Dow Jones News


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   By Santanu Choudhury 
 

NEW DELHI--SpiceJet's chairman said Friday the company plans to announce an order for up to 100 passenger jets in the next month.

India's second-largest budget airline is finalizing talks with Boeing Co. and Airbus Group SE for the multibillion dollar order, Chairman Ajay Singh said. He said the order will be placed with either of the two plane manufacturers.

He said the airline wouldn't take on any debt for the purchase and can make the initial payments for the planes from its cash accruals.

SpiceJet is also in discussions with Bombardier Inc. and ATR to order turboprop planes, said Mr. Singh without elaborating.

SpiceJet operates a fleet of Boeing 737 jets and Bombardier Q400 planes.

 

Write to Santanu Choudhury at santanu.choudhury@wsj.com

 

(END) Dow Jones Newswires

October 21, 2016 03:05 ET (07:05 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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