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Bloomberg
Jet Airways India Ltd. purchased another 75 of Boeing Co.’s 737 Max aircraft for about $8.8 billion as it looks to continue rapid expansion in the world’s fastest-growing major aviation market.
The latest purchase brings the airline’s backlog for the narrowbody plane to 225, Jet said. It already placed two 75-plane orders, the most recent in April, with the first 737 Max delivery arriving recently.
Mumbai-based Jet and rivals are expanding fleets as demand for domestic flights surges. Rival SpiceJet Ltd. has ordered more than 200 single-aisle aircraft from Boeing, while market leader IndiGo, is the biggest customer for Airbus SE’s competing A320neo plane.