Jet Airways, India’s premier international airline, announced the confirmation of its largest-ever fleet order for 75 Boeing 737 Max aircraft at the Dubai Airshow today. The order includes 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. Jet Airways currently has a fleet of 115 aircraft.
The transaction will be completely financed and managed through a sale and leaseback arrangement when Jet Airways takes delivery of the aircraft from 2018.
“Boeing is proud that Jet Airways will be the first airline in India to take delivery of the 737 MAX,” said Boeing Commercial Airplanes President and CEO Ray Conner. “The 737 MAX will bring new standards for fuel efficiency and economics, and a premium passenger experience to Jet Airways.”