Jet Airways placed an order for an additional 75 737 MAX 8 air planes during a signing ceremony at the 2018 Farnborough International Airshow. The order, valued at $8.8 billion at current list prices, was previously posted as unidentified on Boeing's Orders and Deliveries website.
This order for an additional 75 MAX air planes helps the Indian carrier expand its network to meet surging demand in the fastest-growing aviation market in the world.
“Our latest order for 75 additional Boeing 737 MAX aircraft reflects our long standing association with Boeing and reposes our faith in the aircraft they manufacture,” said Naresh Goyal, Chairman of Jet Airways. “The MAX will allow us to offer guests a superior and well differentiated experience using a modern, reliable and fuel efficient fleet.”
In June, the Mumbai-based carrier took delivery of its first MAX, a new and improved 737 that delivers a double-digit improvement in fuel efficiency and improved passenger comfort. These new air planes arrive into an Indian aviation market that continues to grow at significant rates. According to industry data, domestic air traffic in India has grown about 20 per cent in each of the past four years.
Jet Airways is India’s second-largest airline with a fleet of nearly 120 air planes serving more than 60 destinations in 15 countries across Asia, Europe and North America.
The 737 MAX is the fastest-selling air plane in Boeing history, accumulating more than 4,600 orders from over 100 customers worldwide.