Jet Airways orders 20 Boeing 737 jets

Jet Airways orders 20 Boeing 737 jets
AP
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First Published: Wed, Oct 17 2007. 03 13 PM IST
Updated: Wed, Oct 17 2007. 03 13 PM IST
Seattle: Jet Airways, India’s largest private airline, has ordered 20 single-aisle 737-800 jets, Boeing Co. said on 16 October.
The deal is worth $1.5 billion at list prices, Boeing said, though customers typically negotiate steep discounts.
The short- to medium-range 737 is Boeing’s best-selling airplane.
The Chicago-based company, which assembles its commercial planes in the Seattle area, said the 737-800 is the most popular of its so-called “next-generation” models, which begin with the 737-600 series and seat between 110 and 180 passengers in two classes.
As of 30 September, Boeing said it had unfilled orders of nearly 1,800 737s worth more than $125 billion (euro88.3 billion) at list prices.
Mumbai-based Jet Airways, which launched service in 1993, already has 50 Boeing 737s in its fleet. It offers about 340 daily flights to 53 destinations in India and international markets including the Singapore, Malaysia, Sri Lanka, Thailand, Nepal, the United States, Canada, Belgium, and the United Kingdom.
In August, Jet Airways exercised options to buy three of Boeing’s extended-range 777s, adding to an order it placed two years ago for 10 777-300ERs.
In January, it agreed to buy 10 of Boeing’s new midsize, long-haul 787s.
Last week, Boeing announced it was delaying the first delivery of the 787 six months until November or December 2008 because of problems encountered assembling the first plane. Jet Airways is scheduled to receive its 787s, valued at $1.5 billion (euro1.06 billion) at list prices, between July 2011 and December 2012.
Separately, Boeing said that Guggenheim Aviation Partner Fund II had exercised options to purchase three 777 freighters, valued at approximately $750 million (euro530 million) at list prices. The deal earlier had been attributed by Boeing to an unidentified customer.
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First Published: Wed, Oct 17 2007. 03 13 PM IST