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SpiceJet Demands Boeing to Pay For Loss of Revenue

SpiceJet’s payment claim from Boeing has faced difficulties. The American aircraft maker has contributed to paying only a tiny percentage of SpiceJet’s share for the grounding of Boeing 737 MAX aircraft since March 2019.
The airline has asked Boeing to pay for the loss of revenue due to grounding and delayed induction of aircraft. People who are aware of the matter said without disclosing the amount SpiceJet has demanded and the amount Boeing has offered to pay.


“While SpiceJet has claimed loss of business opportunity due to grounding of MAX as one of the main reasons for a higher claim, Boeing has classified payment of parking charges as well as lease rentals for 13 grounded planes as payment,” said an executive.


In 2017, SpiceJet had placed an order for 205 Boeing aircraft, including a giant Boeing 737 MAX. The airline had 13 MAXs in its ship, which were grounded in March 2019. India had grounded these planes after a second Boeing 737 MAX, operated by Ethiopian Airlines, crashed due to a faulty computer system.

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