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Sunday 2 November 2014

Setback for Jet Airways as ally Etihad drops plan to lease its 3 Boeing aircraft

Mumbai: Jet Airways' foreign equity partner, UAE-based Etihad, has dropped its plan to lease three Boeing 777 aircraft from the airline, putting the domestic carrier in a difficult situation, sources said.

These aircraft, B 777-300 ERs, were with the Turkish Airlines and have recently come back to Jet Airways after completing the lease period, an airline source told PTI here.

"Etihad had earlier sought to lease these aircraft as it wanted to deploy them on its international network. However, it has now indicated to the airline of not doing so," the source said.


Jet Airways now may deploy these planes in its long-haul operations, they said, adding that this is a big set back to the airline which is already grappling with several other issues including problem from its pilots.

Jet Airways did not respond when its comments were sought on the issue.
27/10/14 First Biz
Setback for Jet Airways as ally Etihad drops plan to lease its 3 Boeing aircraft

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