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SpiceJet will buy 25 Q400 turboprop aircraft from Bombardier, as per a letter of intent between the two companies. The Indian airline has the option to buy 25 more planes.
An order could be valued at up to $1.7 billion, based on the list price for the 86-seater Q400, Bombardier said.
Reporting by Ankit Ajmera in Bengaluru; Editing by Sai Sachin Ravikumar