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Jet Airways In Talks With Boeing, Airbus For Order Worth $12 Billion: Report

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Jet Airways is in talks with plane makers Boeing and Airplane for an order worth $12 billionJet Airways is in talks with plane makers Boeing Co and Jet SE for an order worth $12 billion, BloombergQuint reported on Thursday, citing Bloomberg News.The airline company's brand-new owners, UAE-based entrepreneur Murari Lal Jalan and UK financial investment company Kalrock Capital, informed Bloomberg News that Jet could buy at least 100 narrowbody aircraft, BloombergQuint said on Twitter.The group is set to invest about $200 million through equity and financial obligation in Jet over the next 6 months, BloombergQuint said.Jet, Boeing and Airplane did not immediately respond to ask for remark from Reuters.The Jalan-Kalrock consortium's resolution prepare for Jet was authorized by India's personal bankruptcy court in June, with the airline poised for launch by the first quarter of 2022 as it gears up to resume domestic operations.The debt-laden airline company, once India's most significant personal provider, stopped flying in April 2019 after running out of cash, leaving thousands without jobs.The news on Jet comes a month after billionaire investor Rakesh Jhunjhunwala-backed low expense Indian carrier Akasa Air positioned a $9 billion order for 72 Boeing 737 MAX jets.




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