Jet Airways has signed a new order for 75 additional Boeing 737 MAX aircraft taking the total order to 150 aircraft. The order is estimated at a whopping $8.8 billion as the current listing price of a Boeing 737 MAX 8 aircraft is $117.1 million, according to the Boeing website.

The upcoming 150 Boeing 737 MAX aircraft will  replace its existing fleet. The full-service carrier currently has 120 aircraft — comprising of Boeing 777-300 ERs, Airbus A330-300, Boeing 737s and ATR 72-500/600s. 

“These additional Boeing 737 MAX airplanes will help Jet Airways continue to be an industry leader by combining a superior passenger experience with reliable and efficient operations,” said Dinesh Keskar, senior vice president, Asia Pacific & India sales at Boeing Commercial Airplanes.

IndiGo Airlines is the biggest customer for Airbus SE’s A320neo jets while SpiceJet has ordered more than 200 narrow-body aircraft from Boeing.