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Boeing Tells Key Max Buyer That Jet Will Be Back in Air by July

  • SpiceJet expects to take as many as 25 Max planes this year
  • U.S. and European authorities have signaled more checks on jet
General Images of Jet Airways and Spicejet Earnings Ahead of Earnings
Photographer: Dhiraj Singh/Bloomberg

Boeing Co. has told one of the biggest 737 Max buyers, Indian budget carrier SpiceJet Ltd., that the grounded jet should be back in the air by July, signaling a quicker return for the plane than many in the industry expect.

“The timeline that’s been communicated to us based on their experience is July -- end of June basically,” SpiceJet’s Chief Financial Officer Kiran Koteshwar said in an interview. “We are expecting it to be July.”