Jet Airways Plans Fleet Expansion

India’s leading private airline Jet Airways said it will purchase aircraft from Boeing and Airbus as part of its fleet expansion program.

Yohan Paul, a senior official at Jet Airways, told Aviation Week the company has approved acquiring two additional Boeing 777–300ER aircraft. The delivery would take place between......

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Jet plans to lease out its Boeing 777s again

New Delhi: Jet Airways (India) Ltd plans to again lease out some of its long-haul Boeing 777 aircraft that are expected to return this year from foreign carriers, while using the rest to bolster overseas operations.

Four of Jet’s 777 aircraft leased to......

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2010 Deal of the Year: Regional

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Investec took on a big challenge when it attempted to convince the export credit agencies (ECAs) to deviate from their standard lending policies. Getting the ECAs, France’s Coface and Italy’s Sace comfortable with a new structure while simultaneously achieving the......

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After Indigo, Jet to add 49 aircraft over 5 years

Mumbai: A day after low-cost airline IndiGo made history by placing $15-billion order with European aircraft manufacturer Airbus to purcahse 180 aircraft, rival Jet Airways said it will add 49 aircraft over the next three to five years. "New aircraft will be added from......

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Jet Airways leases two Boeings

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RBS Aviation Capital delivered two Boeing 737-800s to the airline on five-year operating leases. Jet Airways has taken delivery of......

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Air India, Jet, Seek Airbus Planes Through Lease

Dec. 6 (Bloomberg) -- Airbus SAS signed lease contracts worth a combined 2.8 billion euros ($3.7 billion) with Jet Airways (India) Ltd. and state-owned Air India, a French government official, who can’t be named according to government rules, said in New Delhi today.

Both airlines are looking to add Airbus planes through leases and neither has yet sealed contracts as they are still......

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Jet to lease six short-haul ATRs from Ireland firm

New Delhi: Jet Airways has decided to lease six short-haul ATR jets from Ireland-based Investec International. The airline will replace the same number of jets of Canadian Regional Jets (CRJ) operated by its wholly-owned subsidiary JetLite by the new aircraft. “The new aircraft will join the JetLite fleet in July-October this year. The jets would be taken on dry lease for five to six years,” a Jet Airways official said.
The aircraft acquisition committee in the civil aviation ministry would take up the proposal of Jet Airways on Tuesday. JetLite operates a fleet of......

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Jet Airways to add 3-4 aircraft in 6-9 months

MUMBAI: Jet Airways India, India's top private carrier by sales, would add 3-4 ATR aircraft to its existing fleet in 6-9 months, a senior official
said on Thursday. "We are looking at adding more ATRs to our fleet in the next 6-9 months," K G Vishwanath, vice president, commercial strategy and investor relations, told reporters. The airline operates a fleet of 112 aircraft including 14 ATR 72-500 models.
Vishwanath said the firm had not finalised whether it would be purchasing the aircraft or taking them on......

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Jet leases out 3 B-777s aircrafts to Thai Airways

Bangalore: After keeping three of its Boeing aircraft on ground for several months, legacy carrier Jet Airways has finally been able to lease them out to Thai Airways. Industry sources said the full service carrier will earn a rent of ove......

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Air India loses lease deal for three aircraft to Jet Airways

Mumbai: National flag carrier Air India has lost a lease deal for three wide-body aircraft to rival Jet Airways (India) Ltd, two people familiar with the deal said. Royal Brunei Airlines, which had been in talks with state-run National Aviation Co. of India Ltd (Nacil) earlier, has agreed to take the lease of three Boeing 777 planes from Jet Airways, said a senior executive at Air India, the country’s biggest by passengers flown......

Turkish Airlines takes three planes from Jet on lease

Turkish Airlines has inked an agreement with Jet Airways to take three Boeing 777 aircraft from the Indian carrier on lease, a source close to the development said......

Lease planes to foreign cos, but first return import duty relief: Govt

New Delhi: Domestic carriers’ move to cut capacity and improve profitability by leasing out planes to foreign airlines has been opposed by the civil aviation ministry, which has said that airlines must pay back the import duty relief they got whey they purchased these aircraft if they propose to lease them out to foreign carriers......

Royal Brunei Airlines to lease Jet Airways Boeing 777-300ERs by February

India's Jet Airways is close to finalising a deal with Royal Brunei Airlines (RBA) to lease three Boeing 777-300ERs from Jet Airways. The deal with RBA could see the 777s flying in RBA service as early as February. These 777s are the same which Gulf Air had leased for a short period and have been returned......