NEW DELHI: SpiceJet Limited , the only Indian operator of Boeing 737 Max airplanes, which were grounded in March 2019 following two fatal crashes around the world expects the aircraft to make a comeback soon, the airline's chairman and managing director Ajay Singh told his airline's employees. Addressing employees of the airline in an email on 15 August, Singh said the return of 737 Max will be a game changer for the domestic airline industry. "The return of MAX will help us step up both our domestic and international operations, while offering a vastly superior flying experience for our passengers," he said. SpiceJet reported other income of ₹169.99 crore, which contains compensation from Boeing Co. for the grounding of 737 Max planes during the June quarter. Interestingly, SpiceJet had, till the quarter ended 31 March, claimed about ₹1,100 crore as compensation from Boeing Co for grounding 737 Max aircraft.

Source: Mint August 16, 2021 11:02 UTC