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Jet Airways to buy 75 Boeing planes worth $8.8 bn

Jet Airways to buy 75 Boeing planes worth $8.8 bn

TIL Desk/Business/New Delhi/ Jet Airways will buy 75 more narrow body Boeing aircraft worth USD 8.8 billion, taking the total order to 150 as it looks to expand in the domestic aviation market. The full service carrier today said it has signed a new order for 75 additional Boeing 737 MAX aircraft.

The current listing price of a Boeing 737 MAX 8 aircraft is USD 117.1 million, according to the Boeing website. Based on this rate, the cost of 75 such planes would be around USD 8.8 billion. According to the airline, Boeing 737 aircraft type is the backbone of its fleet.

The 150 Boeing 737 MAX aircraft would help replace existing fleet and fuel “airline’s expansion strategy to support its network and growth aspirations in the world’s fastest growing aviation market”, it said in a statement.

Jet Airways CEO Vinay Dube said the new order for the additional 75 Boeing 737 MAX aircraft would allow the airline to deliver a differentiated and world class customer experience to guests.

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