Jet Airways Ist Indian Airline to Acquire 75 Fuel-Efficient Boeing Planes

[New Delhi]Jet Airways to Acquire 75 Fuel-Efficient Boeing Planes
Naresh Goyal-promoted private carrier Jet Airways will acquire 75 fuel-efficient 737 MAX 8 aircraft from US plane maker Boeing.
The decision to buy new single-aisle aircraft was confirmed at the biennial Dubai Airshow today, according to a Boeing release. The deal price was not disclosed in the release.
Jet Airways will be the first airline in India to take delivery of the 737 MAX planes, it said, adding this also marks the largest order in Jet Airways’ history and supports the airline’s aircraft replacement strategy with modern planes.
The order includes conversions of 25 Next-Generation (NG) 737s to 737 MAX 8s, as well as options and purchase rights for an additional 50 aircraft,
This new single-aisle airplane will deliver 20 per cent lower fuel use than the first NG 737s and the lowest operating costs in its class.
It Endorses Jet Airways’ confidence in the long-term prospects of the Indian aviation sector, which reflects the positive forecast for the country’s economy and offers tremendous potential for growth and development,
The price tag for these planes is estimated at $240 billion.