HomeNewsBusinessSpiceJet stays afloat on ‘broken wings’ of Boeing 737 MAX

SpiceJet stays afloat on ‘broken wings’ of Boeing 737 MAX

Projected compensation from Boeing for grounded jets helps Indian carrier cushion losses. The airline’s other income in 2020-21 has risen nearly six times on the provision for damages. Over the past two years, the airline has reported Rs 1,232.25 cr as compensation for the grounding of 737 MAX

Yaruqhullah Khan

first published: Jul 1, 2021 01:26 pm

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SpiceJet stays afloat on ‘broken wings’ of Boeing 737 MAX

Projected compensation from Boeing for grounded jets helps Indian carrier cushion losses. The airline’s other income in 2020-21 has risen nearly six times on the provision for damages. Over the past two years, the airline has reported Rs 1,232.25 cr as compensation for the grounding of 737 MAX

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