Boeing

The Boeing Company [NYSE: BA] is pleased that New Delhi-based SpiceJet, India's newest low-cost carrier, has announced it will exercise options for 10 Next-Generation 737s, including five 737-800s and five 737-900ERs, and has secured 10 additional options.

"The 737 continues to play an integral role in meeting the needs of India's rapidly growing aviation market, and we are thrilled that this outstanding customer is reaffirming its commitment to the Next-Generation 737 family by finalizing this agreement," said Dinesh Keskar, vice president of Sales, Boeing Commercial Airplanes. "The 737-900ER offers 9 percent lower operating costs per trip and 7 percent lower operating costs per seat than its competitor."

The Next-Generation 737 flies higher, faster, farther and more quietly than comparable airplanes, while offering greater fuel efficiency. The 737 airplane family is the world's best-selling commercial jet airplane, with more than 6,100 ordered by 231 customers.

For more information about the 737, visit http://www.boeing.com/commercial/737family/.