New Delhi, Feb 16 (TIWN) Budget carrier SpiceJet expects to finalise a compensation deal with Boeing for grounding of its 737 Max aircraft by the end of the current quarter.

Accordingly, the airline, until now has been representing only a portion of the compensation it expects to receive from Boeing in its quarterly results, will be able to get the full amount after March 31, 2020.  Currently, the airline has 13 of 737 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.