SpiceJet has taken delivery of its first Boeing 737 MAX 8 to expand and standardise its fleet part of its strategy to reduce fuel costs per aircraft by $1.5 million a year.
This is the first of up to 205 737 MAX aircraft that the Indian carrier has announced with the US aircraft manufacturer.
India’s commercial aviation market continues to grow at significant rates. According to industry data, domestic air traffic in India has grown about 20 percent in each of the past four years with an upward growth trajectory going forward.
SpiceJet chairman and managing director, Ajay Singh said: “The induction of our first MAX is a huge milestone in SpiceJet’s journey. These new airplanes will enable us to open new routes, while reducing fuel and engineering costs, as well as emissions.
“The 737 MAX will dramatically reduce noise pollution and greenhouse gas emissions. Passengers will benefit from a large number of premium seats and, for the first time in India, broadband internet on board.”
Boeing Company senior vice president of commercial sales & marketing, Ihssane Mounir said India is a fast growing market for commercial aircraft and services and the 737 MAX is perfect for the market and believes it will “become a key ingredient for long-term success, especially as oil prices continues to put pressure on airlines”.
The 737 MAX is the fastest-selling airplane in Boeing history, accumulating more than 4,700 orders from 104 customers worldwide.