Jet Airways Conferred 'Regional Deal of the Year 2010' Award

Jet Airways, India’s premier international airline, has been awarded the “Regional Deal of the Year” for 2010 by the Airfinance Journal, a leading financial magazine serving the commercial aviation industry worldwide. The award to Jet Airways was for structuring an innovative operating lease for its six ATR aircraft, under a deal with Calyon Bank, France and Investec in London. Under this deal, the airline took delivery of six new ATR aircraft between October and December 2010. This is the second such award accorded to the airline by Airfinance journal.
The first such award received by Jet Airways, in 2002, was for the US exim guaranteed financing deal that the airline did with the Standard Chartered Bank, Mumbai, and SBI Bahrain, and accomplished the delivery of 10 B737s aircraft between February 2001 & May 2003.
Alasdair Whyte – Publisher, Airfinance Journal will present the award to Jet Airways at a ceremony in New York in April.
Receiving the news of the award Nikos Kardassis, CEO, Jet Airways said, “Given the cyclical nature of the aviation business, it is critical that airlines innovate their operations to stay ahead of the growth curve.
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Categories: Foreign Mar 2011, Jet Airways Mar 2011