SpiceJet signs leases agreement for three Boeing 737 Max 8s

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SpiceJet has signed a lease agreement with CDB Aviation for three Boeing 737 Max 8 aircraft so it can meet demand from India’s fast-growing aviation market.

The first MAX is expected to deliver in December 2018, with the remaining two aircraft set for delivery in September and November 2019.

CDB Aviation chief commercial officer, Patrick Hannigan said the aircraft will help the airline expand and standardise its fleet and “support the carrier’s ongoing efforts to achieve a significant reduction in maintenance costs and enhance its domestic and international connectivity”.

In January 2018, CDB Aviation and SpiceJet entered their first deal for the MAX. With today’s announcement, the carrier will have a total of eight MAX aircraft on long-term lease from CDB Aviation.