Jet plans big fleet expansion from 2018

Naresh Goyal-promoted Jet Airways (India) Ltd will introduce 50 new fuel-efficient Boeing 737 MAX planes and expand aggressively from 2018 onwards, mirroring the capacity addition pursued by rivals, documents reviewed by Mint show.

Jet has ordered 50 MAX planes with CFM-Leap-1B engines and configuration of 168 seats for delivery starting 2018 and ending in 2021.

This means Jet will induct 16 aircraft a year in those three years on average, mirroring the current expansion of rival IndiGo, which is operated by InterGlobe Aviation Pvt. Ltd.

Full report here Mint 


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