Jet opts for Embraer to replace Bombardiers

The Naresh Goyal-promoted private airline Jet Airways may phase out Bombardier airplanes from the fleet of JetLite (formerly Air Sahara) and replace them with Brazilian Embraer airplanes.
JetLite, which was acquired by Jet Airways [Get Quote] for Rs 1,450 crore, is operating three of its seven Canadian-built Bombardier airplanes. JetLite has a total 24 aircraft, including Boeing B737s.
Highly placed sources said Jet Airways would not renew the lease agreement signed with the lessors and instead induct Embraer airplanes.
"Jet Airways is in talks with Embraer for possible cooperation," they said.
Chennai-based Paramount Airways is the only airline flying civilian Embraer planes in India at present.
09/08/07 P R Sanjai/Business Standard/Rediff

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Categories: Jet Lite Aug 2007