Jet Airways likely to lease more three planes to Etihad Airways: Report

02 Jun 2014

Jet Airways, country’s premier international airline, reportedly is likely to lease three of its Boeing 777-300 ERs to its equity partner Etihad Airways after these will be returned from Turkish Airlines later this year.

Jet shelved the plans of inducting these wide-bodied planes, leased with Turkish Airlines till October this year, on Eithad’s proposal. Etihad requested Jet to lease out these planes as it wanted them to deploy for its overseas network, which is still under consideration.

Jet has already leased out some of its aircraft--Airbus 330-200s and Boeing 777-300ERs, to Etihad, which has over 24% stake in the Mumbai-based carrier for over Rs 2,060 crore.

Jet Airways currently operates a fleet of 112 aircraft, which include 10 Boeing 777-300 ER aircraft, 8 Airbus A330-200 aircraft, 4 Airbus A330-300 aircraft, 72 next generations Boeing 737-700/800/900/900 ER aircraft and 15 ATR 72-500 and 3 ATR72-600

Related Jet Airways (India) Ltd. Links:

Jet Airways (I) Share Price

126.60 6.00 (4.98%) Feb 24, 18:55
1 Year Price Chart
Peers
Company Name CMP
Interglobe Aviation 1612.45
Jet Airways (I) 126.60
Hindustan Aeron 1059.55
Spice Jet 83.80
Global Vectra Helico 47.95
View more..
Sensex vs Jet Airways (I)
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback