India’s Jet Airways is reportedly in talks with Airbus and Boeing to purchase at least 100 narrow-body aircraft, valued at $12 billion, the carrier’s new owners Kalrock Capital and Murari Lal Jalan consortium told BloombergQuint on December 2, 2021.
Jet Airways in talks with Boeing, Airbus for $12 billion order, new owners tell Bloomberg.
— BloombergQuint (@BloombergQuint) December 2, 2021
For the latest business and finance news updates visit: https://t.co/wuNKpC2r5k pic.twitter.com/IYWFlkW2fU
According to Planespotters.net, Jet Airways currently has eight aircraft in its fleet: five Boeing 777s and three Boeing 737s.
Indian carrier Jet Airways will restart operations in the first quarter of 2022, the company’s owners confirmed in September 2021. Domestic operations will be conducted first, and the first international flights are planned to take place by the end of the same year.
The carrier aims to expand its fleet to more than 50 aircraft in three years, and over 100 aircraft in five years, Murari Lal Jalan, the head of the Jalan Kalrock Consortium, which owns Jet Airways, said in an interview to the Indian media.
On June 22, 2021, the Indian Court gave a green light for Kalrock Capital and Murari Lal Jalan consortium to revive the collapsed Indian air carrier.