SpiceJet, Boeing settle claims related to grounding of 737 Max aircraft

SpiceJet on Wednesday said it has entered into an agreement with the US-based aerospace company Boeing to settle outstanding claims related to the grounding of 737 Max aircraft and its return to service.

SpiceJet’s fleet of 13 Max aircraft has not operated any commercial flight since March 2019 when the plane was grounded worldwide. The airline had subsequently raised claims with Boeing regarding “cost and losses”.