India's SpiceJet settles with Boeing MAX aircraft lessor Avolon

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The airline said https:// it expects to start operations of MAX aircraft around the end of September, subject to regulatory approvals.

India’s air safety regulator Directorate General of Civil Aviation did not immediately respond to a request for comment. SpiceJet did not provide any further details on the settlement.

“As India emerges from COVID-19 and air traffic picks up again, the MAX aircraft will play a major role in our future expansion,” Ajay Singh, SpiceJet’s chairman and managing director said.

About 30 airlines and 175 countries have allowed the 737 MAX to return to service following a nearly two-year safety ban.

The ban followed two crashes five months apart which killed 346 people, plunging Boeing into a financial crisis since compounded by the pandemic.