MoneyWorks4Me

Jet Airways inks pact with GE Aviation

10 Jul 2012 Evaluate

Jet Airways, India’s premier international airline has inked pact with GE Aviation by signing $150 million OnPointSM solution agreement, to cover maintenance, repair and overhaul for new engines to be fitted in nine Airbus A-330 aircraft which it will start inducting later this year. The deal will cover the new CF6-80E engines that would power the nine A-330s.

The airline currently operates a fleet of 101 aircraft, which includes 10 Boeing 777-300 ER aircraft, 12 Airbus A330-200 aircraft, 59 next generation Boeing 737-700/800/900 aircraft and 20 modern ATR 72-500 turboprop aircraft. With an average fleet age of 5.81 years, the airline has one of the youngest aircraft fleets in the world. Jet Airways and Jet Konnect have a combined fleet strength of 121 aircraft and operate over 620 flights daily.

Peers
Company Name CMP
Interglobe Aviation 4921.20
SpiceJet 9.30
TAAL Tech 946.05
Taneja Aerospace 326.05
Global Vectra Helico 130.35
View more..