India’s SpiceJet Ltd. is weighing an order for at least 100 Airbus SE planes as Boeing Co. grapples with the fallout over its grounded 737 Max.
On Tuesday, Ajay Singh Chairman SpiceJet said that the budget carrier, a major global customer for the Max, may buy a ‘sizable’ number of Airbus A321LR and XLR jets to accommodate a planned expansion. He also added that no decision has been made and the airline would consider a competing jetliner if Boeing decides to build one.
In 2005, SpiceJet launched has scripted a remarkable comeback since it was briefly forced to ground all flights five years ago after running out of cash. The role played by a co-founder of the airline is white knight by pumping in funds, cutting loss-making routes and renegotiating contracts with vendors.
This year, the carrier will boost its capacity of flights and seats 60% and could expand another 50% next year, Singh said.