Don’t miss the latest developments in business and finance.

Jet Airways set to order over 100 planes at airshow

Image
Reuters NEW DELHI
Last Updated : May 09 2013 | 9:40 PM IST

NEW DELHI (Reuters) - Jet Airways is expected to order more than 100 planes from Boeing Co and Airbus at the Paris Airshow next month, a leading aviation consultancy said.

The Centre for Asia Pacific Aviation (CAPA) said in a report it understood Jet has already confirmed an order for 50 737-MAX planes together with up to 10 777-300ERS from Boeing.

CAPA said it expected a further order of 50 Airbus A320neo planes to be used by Jet's low-cost unit.

A spokeswoman for Jet Airways, which recently agreed to sell a 24 percent stake to Abu Dhabi's Etihad in a $380 million deal, was not immediately available for a comment.

There has been speculation for months of a 100-plane order by Jet, but so far the deal, which would be worth some $10 billion at list prices, remains unconfirmed.

(Reporting by Devidutta Tripathy; Editing by David Holmes)

Also Read

First Published: May 09 2013 | 9:22 PM IST

Next Story