India Aviation 2014, country’s biggest civil aviation show, took off here on Wednesday with the signing of biggest ever deal between one of world’s biggest aircraft manufacturer Boeing signing and a leading Indian carrier Spice Jet.
The inauguration of the even by country’s civil aviation minister Ajit Singh was marked by a breathtaking aerobatics show and an exhibition of a wide range of aircrafts at the Begumpet Airport.
This is the fourth edition of the biennial event and this time nearly 250 companies from 18 countries were participating in it. $ 4.4 billion (Rs 26000 crore) deal for purchase of 42 737 MAX aircraft was inked by Senior Vice-President (Asia-Pacific and India Sales) of Boeing company Dinesh Keskar, SpiceJet CEO Sanjeev Kapur and Sun Group CFO, Sl Narayanan. Civil Aviation Minister Ajit Singh was also present. Keskar said the delivery of the aircraft would begin from 2018. SouthWest Airlines will have first of these aircrafts in 2017.