Jet Airways in a regulatory filing said it has agreed with Boeing to purchase 75 of its 737 MAX aircraft, Reuters reported.
This is the third agreement Jet Airways has entered into for buying Boeing’s 737 MAX jets over the last one year, taking the total to 225 aircraft. The Indian airline signed firm orders for 75 planes each in October and April.
The latest deal could be worth as much as $9.7 billion depending on which 737 MAX the airline chooses based on Boeing’s list prices. Airlines usually get significant discounts from manufacturers though, bringing costs well below list prices.
The 737 MAX can seat between 130 and 230 passengers, depending on the variant.
India is one of the most targeted sales markets for Boeing and European rival Airbus.
Boeing said in July last year it expected Indian airlines to order up to 2,100 aircraft worth $290 billion over the next 20 years.
Domestic passenger traffic in India has grown at more than 20 percent annually in the last few years despite a lack of infrastructure and air traffic congestion at some of its busiest airports such as Delhi and Mumbai.