SpiceJet Chairman Expects Boeing 737 Max to Return to Service in January

The transcript discusses the anticipated return of the Boeing 737 Max to service, focusing on Spicejet's expectations and ongoing dialogue with Boeing. It highlights challenges related to simulator availability for pilot training, which is a regulatory requirement. The financial implications of the delay and the potential impact on future orders are also addressed, with a strong emphasis on confidence in Boeing's ability to resolve the issues.

What is the expected timeline for the Boeing 737 Max to return to service for Spicejet?

• November

• December

• January

• February

What is a major challenge mentioned regarding pilot training for the Boeing 737 Max?

• Lack of qualified instructors

• Regulatory disapproval

• Scarcity of Max simulators

• High cost of training

What alternative to simulator training is being considered for pilots?

• On-the-job training

• Classroom lectures

• Virtual reality training

• Computer-based training

How many Boeing 737 Max aircraft does Spicejet currently have grounded?

• 28

• 20

• 10

• 35

What is Spicejet's stance on their future orders with Boeing if delays continue?

• They will reduce the number of orders

• They will consider options but prefer to fly the Max

• They will switch to another aircraft manufacturer

• They will cancel all orders