Jet Airways, the largest domestic airline, has given order for 17 Boeing’s midrange 737 aircraft. At present, the company operates a fleet of 100 aircraft, which includes 10 Boeing 777-300 ER aircraft, 12 airbus A330-200 aircraft, 58 next generation Boeing 737-700/800/900 aircraft and 20 modern ATR72-500 turboprop aircraft.
Recently, the company said that it will merge its no-frills brands JetLite and Jet Konnect and operate under the brand name of the latter.
The move to arrest losses and compete with other low-cost airlines had been in the management's mind for some time, but the decision has been taken now. No date has been announced regarding the re-branding exercise.