Jet Airways (India) has considered and allotted 6,989 rated, listed, taxable, unsecured, redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each for cash at par aggregating to Rs 698.90 crore on private placement basis. The Committee of Directors (duly empowered by the Board) at its meeting held on September 30, 2015 has approved for the same.
Jet Airways Group currently operates a fleet of 116 aircraft, which include a mix of state-of-the-art Boeing 777-300 ERs/Airbus A330-200/300 aircraft, Next Generation Boeing 737s and ATR 72-500/600s, and has one of the youngest fleet in the region with an average of 6.3 years.