Jet Privilege (JPPL) has ceased to be subsidiary of India’s premier international airline, Jet Airways (India). This is pursuant to allotment of 50.1% equity shares of JPPL to Etihad Airways PJSC and 49.9% equity shares to Jet Airways (India) on March 24, 2014.
Earlier on March 20, 2014, the shareholders of the company have approved the transfer of ‘Jet Privilege’ Frequent Flyer Programme (FFP) to Jet Privilege (JPPL) as also the further investment by the company into JPPL.
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.
