India's Jet Airways says to buy additional 75 Boeing 737 Max jets

Jet Airways said Monday it has agreed with Boeing to purchase 75 of its 737 MAX aircraft, as the carrier expands to meet domestic passenger demand in the world's fastest-growing aviation market. Jet said in a regulatory filing it had entered an agreement to buy the aircraft, but it did not say whether the agreement was a formal order or a non-binding memorandum of understanding. This is the third agreement Jet Airways has entered into for Boeing's 737 MAX narrowbody jets over the last 1 year, taking the total to 225 aircraft. The airline signed firm orders for 75 planes each in October and April. Based on Boeing's list prices, the latest deal could be worth as much as US$9.7b depending on which 737 MAX the airline chooses and manufacturer discounts. <br/>