31-May-2010 11:46 AM

SpiceJet in talks with US Export-Import Bank for two B737-800s

SpiceJet announced preliminary talks with the US Export-Import Bank to finance the acquisition of two B737-800s during 2011-2012 (The Hindu Business Line, 28-May-2010). The carrier has 20 B737s on lease.

Export-Import Bank:Talks with SpiceJet are at a preliminary stage … We are looking at diversifying our portfolio. The infrastructure space in India offers enormous financing opportunities,” Fred Hochberg, Chairman and President. Source: The Hindu Business Line, 28-May-2010.

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