The airline already has an ongoing order for purchase and lease of 50 Airbus A320 neo and A321 neo aircraft, which will be delivered up to the year 2023.
Persistent high airfares will also take a toll on the passenger traffic, with the growth in the number of domestic travellers expected to moderate to 8-12%.
With an aim to enhance its connectivity, Jet Airways said on Tuesday that it will come out with 20 new and additional flights on domestic and international routes.
Aviation companies such as InterGlobe Aviation, SpiceJet and Jet Airways performed relatively better on a year-on-year basis in terms of topline and bottomline growth for the first quarter ended June 30, 2016.
Private carrier Jet Airways will take back all six wide-body Boeing aircraft leased out to its investment partner Etihad Airways in the next six months and deploy them on some of its core routes including to the Gulf.
The benchmark BSE Sensex plunged over 4 per cent in the past one year till May 26, 2016, while shares of Jet Airways and SpiceJet soared 65 per cent and 248 per cent, respectively, during the same period.
