TravelMole
Breaking

Jet Airways mulling USD12 billion aircraft deal

Thursday, 2 December 20213 min read
Jet Airways mulling USD12 billion aircraft deal

Once bankrupt Jet Airways is in talks for a bumper $12 billion aircraft deal with Boeing. Its new owners UAE-based Murari Lal Jalan and UK investment firm Kalrock Capital, told Bloomberg News they could buy around 100 narrow-body jets.

They plan to inject $200 million in equity over the next few months. According to Captain Sudhir Gaur, acting CEO of Jet Airways, it will base itself in Mumbai, which was its main hub before it ceased trading in mid-2019.

Read full story