SpiceJet has one condition to seal the $11 billion deal and it is mincing no words!

SpiceJet wants to seal an $11 billion order either with Boeing or Airbus but it has one condition.

The Indian budget carrier wants the delivery on time. Chairman Ajay Singh, in an interview to Bloomberg, said that the airline wants early deliveries.

"One of the selling points for anybody to make the offer more attractive to SpiceJet would be early deliveries. When Airbus and Boeing are talking to us, they are mindful of the fact that we need early deliveries,” he told Bloomberg.

SpiceJet is taking caution as Airbus was unable to stick to its deadline with IndiGo.

"I don’t want to have a situation where I do the deal wrong. We are in a competitive space. We need to ensure that we are not in a situation that our deliveries are delayed. We need to make sure that we get planes which are more fuel efficient, sooner rather than later,” said Singh.

Presently, SpiceJet operates 28 narrow-body jets, including 26 Boeing 737 jets, and two Airbus A320 aircraft.

SpiceJet, along with Air India Express, are the only budget customers for Boeing in India.

(Image: Indiatimes)