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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.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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