1. Jet Airways to take Dreamliner plane delivery from 2017

Jet Airways to take Dreamliner plane delivery from 2017

Jet Airways, which has placed orders for 10 Boeing Dreamliner (B 787-9) aircraft, will start taking the delivery of the planes from 2017, chief executive of the airline Cramer Ball said on Friday.

By: | Published: August 15, 2015 12:43 AM

Jet Airways, which has placed orders for 10 Boeing Dreamliner (B 787-9) aircraft, will start taking the delivery of the planes from 2017, chief executive of the airline Cramer Ball said on Friday.

The airline, which currently has 116 aircraft, expects its fleet growth over the next 2-3 years to be flat. The B 787-9 aircraft are expected to be deployed in the airline’s international routes. At present, over 59% of Jet Airways’s total revenues come from its international operations, Naresh Goyal, the chairman of the airline said. Jet Airways recorded a 12.4% growth in its international passenger traffic during April-June 2015 period.

At the company’s 23rd annual general meeting, the executives said while the net debt stands at Rs 11,000 crore (including aircraft and working capital loans), 75% of this amount has been raised abroad.

Tags: Jet Airways
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