Jet Airways in 'advanced discussions' with Boeing, Airbus for buying aircraft
The grounded airline has been acquired by Murarilal Jalan-Kalrock Capital consortium under the insolvency resolution process.
Shares of the airline jumped nearly 5 percent to touch the upper circuit limit of Rs 90.80 in afternoon trade on the BSE.
''Its ( Jet Airways) successful resolution applicant is currently in the process of reviving the company and implementing the approved plan.
''As part of such revival, the successful resolution applicant (consortium) has been in advanced discussions since the approval date with aircraft manufacturers -- The Boeing Company and Airbus SE regarding the acquisition/ leasing of aircraft to recommence operations of Jet Airways in India,'' it said.
The discussions are in the ordinary course of business of the company as per its approved plan. The winning consortium continues to explore the best aircraft type that fits the requirements of the company as a full-service carrier, the filing added.
Further, it clarified that the financials as mentioned by a section of media ''are purely based on speculative calculations for over 100 aircraft purchased as per industry standards.'' Bogged down by financial woes, Jet Airways shuttered operations in April 2019.
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