SpiceJet settles with Avolon
Hopes to see Boeing 737 Max aircraft flying again after agreement with lessor
image for illustrative purpose
No-frills carrier, SpiceJet on Thursday said it has entered into a 'settlement' with a lessor of Boeing 737 Max planes, Avolon. The Gurugram-based airline, in a statement, said it hopes to see these Max aircraft flying again soon. A senior official said, the Directorate General of Civil Aviation (DGCA) is yet to take a final call on allowing 737 Max planes to fly again. In the wake of two fatal crashes involving Max planes, these aircraft were grounded in 2019. Joining many other regulators worldwide, the DGCA grounded Max aircraft in March 2019.
"SpiceJet has entered into a settlement with Avolon, a major lessor of Max aircraft, paving the way for the airline's 737 Max aircraft to start to return to service," the low-cost carrier said in the statement.
SpiceJet, however, did not give details such as the nature of dispute it had with the lessor and the reasons that led to the "settlement".
