MAX 737: SpiceJet considering Boeing compensation offer for grounded planes

SpiceJet on Friday said it is considering the “interim offer of compensation” made by Boeing for grounded 737 MAX planes.

The no-frills carrier has been impacted by the grounding of its 13 Boeing 737 MAX planes since March last year as it is incurring various costs related to the aircraft.

“Despite its inability to undertake revenue operations, the group continues to incur various costs with respect to these aircraft,” Singh said in the note to the airline’s consolidated financial statements for the year to date period ended December 2019.

SpiceJet is the only domestic carrier that has MAX planes. These aircraft were grounded worldwide after two fatal accidents in late 2018 and early 2019.

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