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VT-SPW-KarthikThough not officially acknowledged by the airline, SpiceJet has reportedly placed an order for 42 Boeing 737 MAX Aircraft. Considering the airline’s fleet to be comprised mostly of Boeing 737-800s, the order may very well be entirely made of Boeing 737 MAX 8 airplanes.

The Boeing 737 MAX 8 is expected to enter service in the third quarter of 2017, almost 4 years from now. With already 1,763 orders for the 737 MAX airplanes, it may be easily close to 2-3 years after the 737 MAX 8 enters service that SpiceJet receives its first 737 MAX, assuming that Boeing will up the production rate of the 737 jets to 47 a month, or higher to 60, from the present 42.

SpiceJet is now one of 298 yet “Unidentified” Customers who have ordered 737 MAX airplanes. The airline is yet to receive 18 Boeing 737-800 airplanes from the US airplane manufacturer. In 2013, SpiceJet received 10 Boeing 737NG airplanes, its highest ever in a calendar year.

This order that speaks of an airline poised for growth 5 years down the road, is a precursor to “something” big in the airline. Note the 737NG delivery trend for SpcieJet, below, and you’ll notice that 2013 was a very happening year, for an airline about to make a big announcement in 2014: the news of the much awaited investor.

Spicejet 737 Acceptance

Quarters are Calendar Quarters, not Financial Quarters.