India’s Jet Airways says signed lease agreement with GECAS for twelve 737 MAX8s

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April 19, 2018: India’s giant airline Jet Airways has entered into lease agreement with aircraft lessor GECAS for twelve Boeing 737 MAX8s, with deliveries commencing from June 12 2018 and continuing into 2020.

This comes after Jet Airways’ recent announcement of adding 150 MAX8 aircraft to their existing fleet. The entrant of these MAX aircraft is good news for India’s aviation sector.

Six of these MAX aircraft will be from GECAS’ skyline order while the other six are from sale and lease back transactions from Jet Airways’ order book. The new aircraft are fitted with CFM-LEAP-1B27 engines.

Vinay Dube, chief executive officer, Jet Airways, shared: “Partnering with GECAS has enabled us to introduce these modern, fuel efficient aircraft into our fleet. These MAX aircraft from GECAS will be the first of its kind in India and we at Jet Airways are delighted that we are able to offer a superior customer experience to our guests.”

“Given its reliability and fuel efficiency, Boeing’s MAX8s are ideally suited to support the future fleet needs of Jet Airways,” notes GECAS’ SVP and manager, Aashish Sonawala.

Read also: Jet Airways to launch freighter operations
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