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SpiceJet settles with Boeing MAX aircraft lessor CDB Aviation

13 Sep 2021 Evaluate

SpiceJet has settled with another lessor of Boeing Co's MAX aircraft, CDB Aviation, as it looks to start operating the aircraft by the end of September after India cleared the 737 MAX to fly last month. The 737 MAX was grounded worldwide in March 2019 after two fatal crashes in five months killed 346 people, plunging Boeing into a financial crisis, which has since been compounded by the pandemic.

SpiceJet is India’s favourite airline that has made flying affordable for more Indians than ever before.

Peers
Company Name CMP
Interglobe Aviation 4970.05
SpiceJet 9.69
TAAL Tech 1199.45
Taneja Aerospace 358.00
Global Vectra Helico 137.30
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