SpiceJet expects to resume Boeing 737 Max aircraft operations by March 2021, nearly two years after the worldwide grounding following two crashes that killed 346 people, sources told CNBC-TV18. The Directorate General of Civil Aviation (DGCA) will conduct independent checks and will review processes before the operation resumes in India.
The checks will be conducted after MAX receives a nod from the European Union Aviation Safety Agency, sources said.
The Boeing crisis began with a 2018 crash of the jet in Indonesia, followed by another in March 2019 in Ethiopia, which killed a total of 346 people and saw the aircraft taken out of service across the globe.
Boeing will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes.
The settlement, which allows Boeing to avoid prosecution, includes a fine of $243.6 million, compensation to airlines of $1.77 billion and a $500 million crash-victim fund over fraud conspiracy charges related to the plane's flawed design.
Brazil was the first country to allow it to return to service, starting with a domestic flight in December by Brazilian budget carrier Gol.
15/01/21 Anu Sharma/Moneycontrol.com
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