Jet releases more details of International expansion plans.

As part of the comprehensive expansion plans that include launching new seats, new in-flight service, new staff uniforms and a new corporate identity, Chairman, Naresh Goyal confirmed that deliveries for the first of the 20 wide body aircraft will commence this month end. The ten Boeing B777-300ER and ten Airbus A330-200 aircraft order is valued at USD 2.1 billion.
More than two years in the making, Jet Airways have considered every detail in the development of their new fleet of wide body aircraft. Starting with the state-of-the-art Boeing 777-300ER and Airbus A330-200, Jet Airways has redesigned everything from the ground up, not happy to accept industry norms.
In addition, Jet Airways holds options for further additional aircraft of each type and have recently signed to purchase ten Boeing B787 Dreamliner aircraft with deliveries commencing in 2011. The B787 order is valued at USD1.6 Billion. In all Jet Airways will invest USD3.7 billion in new aircraft pursuing an aggressive growth strategy.
The new Jet Airways Boeing B777's will be configured in three classes, eight First Class, thirty Premi?re and two hundred and seventy four Economy seats and will initially operate on the Mumbai-London route. This will be the first time Jet Airways has offered a First Class service and an entirely new First Class suite has been created onboard.
As further deliveries of these B777 aircraft are made, Jet Airways will launch daily services to New York via Brussels. It is planned that these services will commence in early August. Daily Services to San Francisco via Shanghai are also planned with the B777 fleet in winter 2007.
16/04/07 Equity Bulls

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Categories: Foreign Apr 2007, Jet Airways Apr 2007, New Apr 2007