Jet Airways (JAI, Mumbai Int'l) has become the first Indian carrier to order the 737 MAX series aircraft following the signing of a purchase agreement with Boeing (BOE, Chicago O'Hare) for fifty 737 MAX 8s. The financing option will be decided closer to the delivery dates, slated to begin in 2017. Thus far, the US manufacturer has been unable to sell its upgraded 737 to the Indian market with SpiceJet (SG, Delhi Int'l) still "evaluating" its options. Jet currently has forty-six 737s on order with deliveries having begun earlier this year as part of the airline's fleet renewal plans. Meanwhile, Jet is negotiating with Kuwait Airways (KU, Kuwait) to lease the Kuwaitis five A330-200s that are currently parked in India. This would help the airline reduce its losses, as many of its Airbus planes have been on ground due to the suspension of loss-making routes.