Boeing Said to Win $3.9 Billion Max Order From SpiceJet

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Boeing Co. is poised to win an order for 38 of its 737 Max jets valued at about $3.9 billion from SpiceJet Ltd., the Indian budget airline controlled by billionaire Kalanithi Maran, people familiar with the plan said.

The deal consists of 30 new orders and swapping an existing purchase of eight 737 NG jets for the upgraded Max model, said the people, who asked not to be identified as discussions are private. The transaction may be announced as early as next week at the Singapore Air Show, two people said.