Jet Airways, which is preparing to relaunch operations next year, said it is in “advanced discussions” with Boeing and Airbus for buying and leasing planes. The grounded airline has been acquired by Murarilal Jalan-Kalrock Capital consortium under the insolvency resolution process.
The ongoing discussions are part of the grounded airline’s revival plan approved by the Mumbai bench of the National Company Law Tribunal (NCLT), the airline said in a regulatory filing. “As part of such revival, the successful resolution applicant (consortium) has been in advanced discussions since the approval date with aircraft manufacturers - The Boeing Company and Airbus SE regarding the acquisition/ leasing of aircraft to recommence operations of Jet Airways in India,” it said.
According to the filing, the discussions with Boeing and Airbus are in line with the approved plan and that “no fixed value can be determined as on date as the discussions are still ongoing”. The discussions are in the ordinary course of business of the company as per its approved plan. The winning consortium continues to explore the best aircraft type that fits the requirements of the company as a full service carrier, the filing added.
