SpiceJet (SG, Delhi International) is in talks with Airbus (AIB, Toulouse Blagnac) and Boeing (BOE, Washington National) over a proposed order for more than 100 narrowbody jets Chairman Ajay Singh told Bloomberg news this week.

According to Singh, both the A320neo and the B737 MAX are being considered with a deal due by the end of its current financial year, which ends on March 31, 2016.

"We will bring in some investments at the time of the order," he said, "The order will depend on what volume level we get at what price, but it will be for more than 100 planes."

Currently, the Indian LCC operates a mixture of Boeing jets (sixteen B737-800s and two B737-900(ER)s) and fourteen Dash 8-400 turboprops on flights covering India and the sub-region. While has also wet-leased two A319-100s, one from CSA Czech Airlines (OK, Prague Václav Havel) and one from BH Air - Balkan Holidays Air (8H, Sofia), it plans to replace them with more dry-leased jets over the next few months.

Meanwhile, both Qatar Airways (QR, Doha Hamad International) and flydubai (FZ, Dubai International) have rejected reports in India's Economic Times linking them to talks over the possible acquisition of equity in the SpiceJet.

In a statement, the Qataris said they have neither any interest in engaging in a partnership with SpiceJet nor any plans to set up an interline agreement between the two carriers.

"Qatar Airways confirms that the only airline it is talking to is the Indian carrier IndiGo Airlines (6E, Delhi International)," it said.