https://www.zeebiz.com/companies/news-spicejet-to-finalise-compensation-deal-with-boeing-by-march-end-120047
Sun, Feb 16, 2020
Budget carrier SpiceJet expects to finalize a compensation deal with Boeing
for grounding of its Max aircraft by the end of the current quarter.
The proposed deal might also include the ere— of a simulator-based pilot's
training centre in India.
Accordingly, the airline, until now has been representing only a portion of
The compensation it expects to receive from Boeing in its quarterly results,
But will be able to get the full amount after March 31, 2020.
Currently, the airline has 13 of Max grounded, impacting its revenues and
international expansion plan.
"We have received an interim compensation offer from Boeing...
We are currently studying the offer and will negotiate it further with Boeing,"
SpiceJet's Chief Financial Officer Kiran Koteshwar told IANS.
Opinion: Boeing owes a lot of money to a lot of companies.
Fact: The 737 is the back bone of the global economy.
Until: It can be replaced
Opinion: the Boeing Board of Misfit Miscreants Monkeys {Must Go}
@2odo+12F13yzw
https://finance.yahoo.com/news/new-boeing-ceo-david-calhoun-campaign-donations-raise-questions-experts-152523297.html
No More Pay for Play, They All Must Go