Jet Airways has confirmed plans to purchase 75 Boeing 737 MAX 8 aircraft.
The deal, which was finalised at the Dubai Airshow this week, marks the Indian airline’s largest-ever aircraft order, worth more than US$8 billion at list princes. The order also includes options and purchase rights for 50 additional aircraft.
The B737 MAX is the new fuel-efficient version of Boeing’s popular single-aisle aircraft model, featuring new engines and aerodynamic enhancements designed to reduce operating costs and emissions.
Jet currently operates a fleet of 115 aircraft, including 75 B737s, and the latest order forms part of its fleet renewal strategy, whereby it will replace older aircraft with new fuel-efficient versions.
“This order is an endorsement of our confidence in the long-term prospects of the Indian aviation sector, which reflects the positive forecast for the country’s economy, and offers tremendous potential for growth and development,” said Naresh Goyal, chairman of Jet Airways. “Jet Airways has led the path in Indian aviation, providing enhanced connectivity between domestic and international sectors. We are aligned with the gGovernment of India’s mission to provide affordable air connectivity to the people across the country.”
Cramer Ball, Jet’s CEO, added; “This order is a reaffirmation of our commitment to continue providing a best-in-class full service travel experience to our guests. Just as importantly, these new generation aircraft are highly fuel efficient and will help drive our operational efficiency.”
Jet’s first new B737 MAXs are due to be delivered in 2018.