SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Jet Airways extends pact with GE Aviation by another five years

18 Jul 2014 Evaluate

Jet Airways, India’s premier international airline, has extended its agreement with GE Aviation by another five years for OnPointSM solution. GE Aviation’s OnPoint solutions are customised service agreements, tailored to the operational and financial needs of an airline for any size fleet.

The extension, valued at more than $200 million, ensures GE will provide the maintenance, repair and overhaul of 22 GE90 engines that power the Jet Airways Boeing 777 300ER aircraft, till 2022.

Besides, the Mumbai headquartered airline has also signed an agreement with the company for a thrust bump on its entire GE90 fleet of 22 engines, GE Aviation said in the release.

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.

Jet Airways (I) Share Price

34.04 0.00 (0.00%)
07-Nov-2024 00:00 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4522.20
SpiceJet 13.99
Raymond 514.40
Global Vectra Helico 185.90
Taneja Aerospace 344.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×