SpiceJet to take four 737 MAX planes of Jet Airways

NEW DELHI: SpiceJetNSE -0.72 % will take four Boeing 737 MAX planes that were operated by now-defunct Jet AirwaysNSE -4.98 %, as the no-frills airline continues with its expansion plans.

The airline has inked a pact for leasing the four MAX aircraft, SpiceJet Chairman and Managing Director Ajay Singh told shareholders at the company’s annual general meeting here on Monday, according to a source.