After suspension of operations, lenders explore ways to lease Jet Airways’ aircraft

Lenders of the now-grounded Jet Airways are looking at raising funds through leasing of the aircraft owned by the carrier, which include 10 Boeing 777 aircraft. Jet owns a total of 16 aircraft, comprising three Airbus A330 and as many Boeing 737 apart from 10 wide-bodied B777-300 ER.

Meanwhile, rival carrier SpiceJet, which has been adding aircraft to its fleet currently to expand services, has started hiring more pilots, which includes those from Jet’s stable. “We have already provided jobs to more than 100 pilots, more than 200 cabin crew and more than 200 technical and airport staff,” Ajay Singh, SpiceJet CMD, said in a statement on Friday. Read More

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