Jet Airways to Take Delivery of 5 ATR 72-600 Planes by March - Source

Date : 12/04/2012 @ 5:35AM
Source : Dow Jones News
Stock : Airbus (AIR)
Quote : 80.72  0.0 (0.00%) @ 11:39AM
Airbus share price Chart

Jet Airways to Take Delivery of 5 ATR 72-600 Planes by March - Source

Airbus (EU:AIR)
Historical Stock Chart

5 Years : From Oct 2012 to Oct 2017

Click Here for more Airbus Charts.

By Santanu Choudhury

NEW DELHI--Jet Airways (India) Ltd. (532617.BY) will take delivery of five ATR 72-600 turboprop passenger aircraft by March, a person with direct knowledge of the matter said Tuesday.

The short-haul, 68-seat planes will be used to replace a similar number of ATR 72-500 planes on the fleet of Jet Airways, the person, who declined to be named, told Dow Jones Newswires. The first aircraft is expected to arrive in India this week, the person added.

Jet Airways, India's biggest airline by market share, currently has 17 ATR 72-500 planes on its fleet, which includes 11 aircraft that can carry 62 passengers each and six planes that have 68 seats each.

The ATR 72-600 is considered an advanced aircraft with low operating cost and higher passenger comfort.

The person said that Jet Airways will take the planes on lease from GE Capital Aviation Services, the commercial aircraft-leasing and financing unit of General Electric Co. (GE).

ATR is a joint venture between European Aeronautic Defence & Space Co. (EAD.FR) and Alenia Aermacci, a unit of Italy's Finmeccanica SpA (FNC.MI).

Eric C. H. Lee, a Singapore-based spokesman for GE Capital, didn't immediately reply to an emailed query.

Write to Santanu Choudhury at

Subscribe to WSJ:

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:40 V:us D:20171021 08:29:58