India’s Jet Airways to buy 75 more Boeing 737 MAX jets

By BizClik Admin
Share

Indian airline Jet Airways has announced it will purchase 75 Boeing 737 MAX jets from the US manufacturer. This will bring its total number of aircraft bought from Boeing over the past year to 225.

Jet Airways is the largest full-service airline in India and is rapidly expanding to meet the demand of India’s aviation market, which is the fastest-growing in the world.

See also:

India’s Jet Airways orders 75 Boeing 737 MAX aircraft

Jet Airways to add 144 new weekly flights

Indian aviation set to soar as Mumbai airport hosts record number of flights

So far, the agreement has been made to buy the aircraft and was reported by Reuters, but it is unclear whether this took the form of an MoU or binding contract. Taking into account the value of the planes, Reuters reports that the deal could total over $9bn in value.

According to the Times of India, Jet Airways lags behind main competitor in the domestic market share, IndiGo, in terms of growth.

 

Share

Featured Articles

Nirvik Singh, COO Grey Group on adding colour to campaigns

Nirvik Singh, Global COO and President International of Grey Group, cultivating culture and utilising AI to enhance rather than replace human creativity

How Longi became the world’s leading solar tech manufacturer

On a mission to accelerate the adoption of sustainable energy solutions, US$30 billion Chinese tech firm Longi is not just selling solar – but using it

How Samsung’s US$5billion sustainability plan is working out

Armed with an ambitious billion-dollar strategy, Samsung is on track to achieve net zero carbon emissions company-wide by 2050 – but challenges persist

UOB: making strides in sustainability across Southeast Asia

Sustainability

Huawei smartwatch goes for gold with Ultimate Edition

Lifestyle

How IKEA India plans to double business, triple headcount

Corporate Finance