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Boeing expects 737 Max back in the air by July, says Indian carrier:
SpiceJet, which had taken delivery of 13 Boeing Max jets before the model was grounded, still expects to receive as many as 25 more in the current financial year.
Boeing has told one of the biggest 737 Max buyers, Indian budget carrier SpiceJet Ltd., that the grounded jet should be back in the air by July, signalling a quicker return for the plane than many in the industry expect.
“The timeline that’s been communicated to us based on their experience is July - end of June basically,” SpiceJet’s CFO Kiran Koteshwar said in an interview. “We are expecting it to be July.”
Regulators in Indonesia, one of the biggest markets for the plane, has signalled it may keep the jet parked until next year.
Officials from China, Canada and the European Union have signalled they intend to independently review changes to the Boeing planes before allowing flights to resume.
South Korean authorities are also said to be making their own decision, after closely monitoring steps taken by regulators in Europe and China.
SpiceJet has been in talks with Boeing for compensation although hasn’t yet received any, Koteshwar said. The amount will depend on how long the plane stays on the ground, he said.
The Indian carrier, which had taken delivery of 13 Max jets before the model was grounded, still expects to receive as many as 25 more in the current financial year. It has as many as 205 of those aircraft on order, including options.