New Delhi : Canadian aircraft maker Bombardier Friday signed a pact with budget carrier SpiceJet for sale of up to 50 turboprop jets valued at $1.7 billion. Upon delivery, the airline will become the first in the world to operate a 90-seat turboprop, pending certification by regulatory authorities, Bombardier said in a release. Owned by serial entrepreneur Ajay Singh, SpiceJet had in June this year announced plans to purchase up to 50 Bombardier Q400s worth $1.7 billion.
“We are very proud to firm up this agreement with SpiceJet. This repeat order will not only increase the Q400 aircraft fleet in the fast-growing regional market in India and in the Asia-Pacific region but will also launch the high- density 90-passenger model,” Bombardier Commercial Aircraft president Fred Cromer said. He also said the order confirms the airline’s increased capacity needs on regional routes with high passenger demand and demonstrates its increased profitability.