Boeing and Jet Airways, India's premier international airline, announced an order for 75 737 MAX 8 airplanes at the 2015 Dubai Air...
Boeing and Jet Airways, India's premier international airline, announced an order for 75 737 MAX 8 airplanes at the 2015 Dubai Airshow today.
The announcement marks the largest order in Jet Airways' history and supports the airline's replacement strategy to have the most modern and environmentally progressive airplane fleet.
The order, previously attributed to an unidentified customer, includes conversions of 25 Next-Generation 737s to 737 MAX 8s, as well as options and purchase rights for an additional 50 aircraft.
The new aircraft will support Jet Airways’ replacement strategy and ensure it maintains a modern, environmentally friendly fleet.
The transaction will be completely financed and managed through a sale and leaseback arrangement when Jet Airways takes delivery of the aircraft from 2018.
The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.
The new single-aisle airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class – 8 percent per seat less than its nearest competitor.
Jet Airways Group currently operates a fleet of 115 aircraft, which includes a mix of state-of-the-art Boeing 777-300 ERs, Airbus A330-200/300, Next Generation Boeing 737s and ATR 72-500/600s. With an average age of 6.04 years, this is one of the youngest fleets in the region.
