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Bangladesh: Jet Airways plans to order 100+ aircraft next month’s Paris Air Show Jet Airways plans to order 100+ aircraft next month’s Paris Air Show - Bangladesh

Jet Airways plans to order 100+ aircraft next month’s Paris Air Show



  Jet Airways


             
                          Photo source by http://www.jetairways.com

Published: 8-14-2013
- a BTB report

Abu Dhabi’s Etihad Airways bought India’s Jet Airways at 24 percent stake in for $379m last month.Etihad Airway will provide finance the Jet Airways to buy 100+ planes at next month’s Paris Air Show.

 According to Sydney-based consultancy firm CAPA Centre for Aviation, Jet Airways will soon order 50 737 max and about ten 777-300ER from Boeing and 50 A320neos from Airbus. Bloomberg news agency estimated the total value of the transaction would be around $12bn.



Jet Airways
Photo source by http://www.jetairways.com
Jet Airways did not able to order the aircraft before because of financial reason however Etihad is now investing to purchase all these new aircraft for Jet Airways.



Last September, India relaxed the ownership for the local airlines to allow foreign carriers to buy up to 49 percent.
Jet Airways
Photo source by http://www.jetairways.com





This is why, Abu Dhabi’s Etihad Airways bought a 24 percent stake in Jet Airways for around $379m.



This helps Jet Airways to become financially stable and Etihad Airways is now becoming one of the biggest carriers in the world.

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