Jet Airways is in advanced stage of negotiations with TruJet to sublease up to seven of its ATR planes to the regional carrier as it seeks to reduce costs and mop up additional revenues amid cash drought. These planes are likely to be subleased with its maintenance, insurance and complete crew.
Jet Airways is India’s premier international airline, which operates flights to India and overseas. The company’s robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.
