The U.S. plane maker is going to supply another 100 of its 737 Max 8 jets to Indian budget airline SpiceJet, an order Boeing says is worth about $11 billion at list prices. It builds on an earlier SpiceJet order for 55 of the 737 Max model, and the airline has the option of buying 50 more in future. The Max 8 is the first of four 737 Max models Boeing is designing. It is also seeking buyers for the new 737 Max 10X, a longer plane that aims to compete with the Airbus A321neo. "With this deal," Singh said, "we think we are well placed to take on the world."

Source: CNN January 13, 2017 07:39 UTC