SpiceJet-Boeing pact for re-induction of ‘efficient’ 737 MAX aircraft

SpiceJet has signed an agreement with Boeing to settle outstanding claims related to the grounding of 737 MAX aircraft and to allow the induction of efficient and younger planes into the airline’s fleet.

“SpiceJet is pleased to announce that it has entered into a settlement agreement with Boeing wherein Boeing has agreed to provide certain accommodations and settle the outstanding claims related to the grounding of 737 MAX aircraft and its return to service,” a SpiceJet spokesperson said. “This paves the way for the induction of efficient and younger MAX aircraft into SpiceJet’s fleet and ensures the resumption of new aircraft deliveries from our order of 155 MAX aircraft.”