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SpiceJet: Settlement Agreement With Boeing

The Company is pleased to announce that it has entered into a settlement agreement with Boeing wherein Boeing has agreed to provide certain accommodations and settle the outstanding claims related to the grounding of 737 MAX aircraft and its return to service. This paves the way for the induction of efficient and younger MAX aircraft into the Companys fleet and ensures the resumption of new aircraft deliveries from our order of 155 MAX aircraft.

This is for your information and further dissemination

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