20 More Boeing To Join Jet Airways' Fleet

JET_AIRWAYSMumbai: The India’s largest airline by marketshare, Jet Airways will get 20 more Boeing 737-800 aircraft to its fleet due to increase in air traffic.

In a communiqué to the Bombay Stock Exchange, the company said that the orders have been placed with Boeing for the aircraft that will be delivered between October 2012 and December 2014.

The planes can be used on domestic plus international routes to south-east Asia and the Middle East.

Jet has recently been received authorization to run flights to different stations in the Middle East, apart from Dubai and Abu Dhabi. It already runs Boeing 737-800s from Mumbai and Delhi to Singapore.

According to the industry sources the airline had placed the order with an eye on future profitability.

Aircraft delivery slots are totally booked for the coming years, as makers are confronting a surge in demand from all-through the world. Newest International Air Transport Association (IATA) facts, which issued last week, said worldwide air-traffic emergence is at a 16-month peak, at 8.6% in August. Development in Indian air traffic has been much higher at around 35% during 2006.

The last of Jet Airways’ ten Boeing 737 aircraft, ordered by the company earlier, is projected to be delivered on October 11, 2007.

The company sources said that there are no vacant delivery positions for the planes available till October 2012. The majority of the new B737 aircraft covered by this Purchase Agreement will be replacements for older owned and leased aircraft that will be terminated by the company in accordance to their term expirations in this period.