Wednesday, January 3, 2007

Jet Airways Executes Purchase Agreement With The Boeing Company, USA

Jet Airways India Ltd has informed that in order to maintain and expand the Companys international operations using wide-body aircraft and to deploy the most modern and economically efficient aircraft, the Company has executed a Purchase Agreement with The Boeing Company, USA, for the acquisition of 10 Boeing 787-8 series aircraft for deliveries between July 2011 and December 2012, subject to requisite regulatory approvals.

Under the Purchase Agreement the Company also has the option to substitute other models of Boeing aircraft.

The Company begins taking delivery of the B777-300ER and A330-200 aircraft ordered in September and October 2005 respectively, in March-April 2007.

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