Jet Airways to order Airbus A330s for European expansion

Jet Airways to order Airbus A330s for European expansion

Singapore: The country’s largest airline by passengers carrier Jet Airways (India) Ltd will order long-haul Airbus SAS made A330 aircraft pushing ahead with an aggressive international expansion over the next three years, the airlines chairman Naresh Goyal said on the sidelines of an international airline summit here.

“We are already ordering aircraft, we are in the process of finalizing certain leases, we are ordering more Boeing 737s and we are ordering Airbus A330s. These will be delivered in the next 2-3 years," Goyal said without expanding further on the order quantity.

An Airbus A330 has a sticker price of just over $200 million.

He said the airline is not facing any shortage of leased Boeing 737 aircraft which it uses for its domestic, South East Asian and Middle East operations.

“We are signing some of the leases (for Boeing 737)," he said he reply to a question on shortage of B737 supply adding, "Its not difficult for Jet Airways".

Jet has a fleet of 116 aircraft with 12 Airbus A330 and 10 B777 wide-body aircraft meant for long-haul international operations.

“We are looking at some of the European expansion. We have applied to the aviation ministry for traffic rights, I hope those clearances come so that we as a Indian carrier can play a further important role for the convenience of customers and (in getting) India’s market share (of international traffic) what we deserve," he said adding Paris, Rome, Amsterdam, points in Germany, continental Europe are the targets besides Shanghai and Beijing in China.

Jet that connects over 24 international cities started shifting its network operation to hubs beyond those with Indian population in 2010. It started flights to Milan last year using the A330s.

Goyal said he estimates international growth at 12-15% annually while domestic market should expand 11-12% over the next few years.