Friday, May 21, 2010

JetLite to replace CRJ fleet with Boeing aircraft by September

Mumbai: Domestic private air-carrier, Jet Airways, today said that it plans to return all of its leased CRJs being operated by its budget arm, JetLite, to lessors by September this year.
Once the process is completed, JetLite would have an all-Boeing fleet, it said.
"On the Jetlite front, all of our CRJ aircraft are in the process of being returned to the lessors and by September, we will have an all-Boeing fleet in Jetlite," Jet Airways said in a press release here today.
Jetlite has also shown a strong turnaround in operating performance and it is achieving higher yields as compared to other low-fare operators, the company said. The company today posted a net loss of Rs 467.64-crore for the financial year ending March 2010 as compared to 402.34-crore registered during the previous fiscal.
20/05/10 PTI/Economic Times
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