The grounding of the Boeing B737 MAX globally could result in compensation claims from different airlines, including SpiceJet. The Indian airline company’s operations have been affected by the aviation regulator’s decision following two crashes in the past five months.
“The aircraft manufacturer is bound to compensate the airline if it is conclusively proved that the grounding was because of some manufacturing fault. However, the manufacturing firm can sue the regulator for grounding the plane and bringing on bad reputation,” Harsh Vardhan, aviation analyst and CEO of Starair Consulting, said.
He said the compensation clauses for the grounding of aircraft are a normal part of the buyer and seller agreement.
