MoneyWorks4Me

Jet Airways in talks to lease out three of its air bus A330 planes: Report

10 Feb 2014 Evaluate

Jet Airways, India’s premier international airline, is reportedly in talks to lease out three of its air bus A330 planes. Recently, the Competition Commission of India (CCI) gave an approval to Abu Dhabi-based Etihad Airways’ proposal for purchase of 50.1% stake in Jet Privilege (JPPL), a customer loyalty programme unit of Jet Airways. 

Jet Airways currently operates a fleet of 113 aircraft, which include 10 Boeing 777-300 ER aircraft, 8 Airbus A330-200 aircraft, 4 Airbus A330-300 aircraft, 73 next generations Boeing 737-700/800/900/900 ER aircraft and 15 ATR 72-500 and 3 ATR72-600.

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