SpiceJet bets global expansion plan on early return of 737 Max aircraft

SpiceJet has played a major blind bet by leveraging its international expansion plans based on the possible early return of the Boeing 737 Max aircraft. The significance that 737 Max holds for the airline can be gauged from the fact that it will not induct anymore aircraft into its fleet, at least until early next year.

So sure is SpiceJet on the return of the Max by early 2020 that the company’s CFO Kiran Koteshwar told IANS in an interview that the airline might get 25 or more aircraft at its disposal just after the plane gets re-certified for operations. Accordingly, the airline will cap its total passenger fleet to 119 aircraft till early 2020.