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SpiceJet's $40 Bn Boeing Deal

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January 8: SpiceJet has announced a $4 billion aircraft order for 40 Boeing MAX 737s. The latest edition of the 737 is seen as more fuel efficient and is best suited for short distances. We also discuss how the company is ramping up its services despite auditor warnings and SpiceJet’s search for foreign equity participation on its balance sheet to tide them over.