#flyspicejet enters into a settlement agreement with Boeing. SpiceJet says Boeing has agreed to settle outstanding claims related to grounding of 737 MAX Aircraft. Agmt ensures resumption of new aircraft deliveries from our order of 155 MAX Aircraft

#flyspicejet to settle all its disputes under & related to the aircraft purchase & component solution agreements with DHC

#Aviation

#DGCAIndia puts #flyspicejet under enhanced #surveillance for weeks

✈️Enhanced measure for 3 weeks

✈️#Step taken in the backdrop of various #financial issues the #airline is facing

Spicejet #flyspicejet Mr.Ajay Singh says

✈️ Looking at expanding fleet from 28 to 100 in 2 years
🤩 Outstanding dues will come down substantially
🤔 Believe Market Cap difference with Interglobe Aviation should narrow
🤔 Will outbeat expectations on PBT

SpiceJet clears all pending salary dues of its employees #flyspicejet

Mr.Ajay Singh had indicated they will clear all employee dues