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SpiceJet Partners With StandardAero for Restoration of 737 MAX Fleet

Dec 21, 2024•7 months ago

Contract Type

partnership

GurugramAir TransportationLeisureTransportationTravel

Description

SpiceJet has entered into a partnership with StandardAero Inc., a leading US-based engine MRO provider, to restore its grounded Boeing 737-8 MAX aircraft. The collaboration aims to enhance operational efficiency and support the ongoing expansion plans of SpiceJet.

Company Information

Company

SpiceJet

Location

Gurugram, Haryana, India

About

SpiceJet is an Indian airline based in Gurgaon, India. The airline operates 630 daily flights to 51 destinations, including 45 Indian and 6 international destinations.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months