Jet likely to order 100 planes for $3.75 bn: CAPA

New Delhi: Jet Airways is expected to order more than 100 narrow-body aircraft for up to $3.75 billion in 2012-13 as the largest Indian carrier grabs market share from its troubled rivals, a leading consultancy said.
The airline is understood to be actively evaluating Airbus's narrow-body A320 aircraft, and is likely to lease up to 10 A330s to support expansion of its European network, the Centre for Asia Pacific Aviation (CAPA) said in a report.
"In my estimate, at the current price and without taking into account the list price, the actual price for the order could be $3.5 billion to $3.75 billion," Kapil Kaul, regional head of CAPA, told Reuters.
A Jet spokeswoman was not immediately available for comment.
India's aviation sector has been beset by high costs of fuel and airport charges and heavy debt, with all carriers except unlisted Indigo Airlines posting losses in the fiscal year that ended in March.
23/05/12 Reuters/Business Standard

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