Aviation

India’s Jet airways is in talks with Boeing and Airbus about a $12 billion order.

The new owners of the once-bankrupt Jet Airways India Ltd. are in talks with Boeing Co. and Airbus SE to purchase at least 100 narrowbody jets for the carrier’s fleet in an effort to resurrect what was once the country’s largest private airline before collapsing under a mountain of debt.

The consortium that won the bid for Jet Airways in a state-run bankruptcy resolution process – Dubai-based Indian-origin businessman Murari Lal Jalan and Florian Fritsch, chairman of London-based financial advisory and alternative asset manager Kalrock Capital Management Ltd. – plan to begin flights in the first three months of next year, according to Ankit Jalan, a representative for the consortium, in an interview with Bloomberg News.

Jet Airways now operates 11 planes, including Boeing 737s and 777s as well as Airbus A330s. However, those aircraft are mostly old and should be sold and replaced with newer, more fuel-efficient models, according to Mr Jalan. A deal for the most popular model of Boeing 737 Max jets could cost more than $12 billion, though large-order discounts are common.

India's Jet airways is in talks with Boeing and Airbus about a $12 billion order.

Jet airways Boeing 777

Mr Jalan stated that options for the plane deal include both outright purchase and leasing. While Airbus is considering early deliveries of its most popular A320neo jets, which have already been sold out for several years, Mr Jalan believes Boeing may reconsider an old 225-plane order for 737 Max aircraft that Jet Airways placed before going bankrupt. A decision is expected to be made by early next month.

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Aviation

China Eastern Receives Its Ninth C919 Aircraft, Marking a New Milestone

China Eastern Airlines (CEA) has reached a significant milestone with the delivery of its ninth COMAC C919 aircraft, continuing its lead as the launch customer for China’s domestic narrow-body airliner.

On Thursday, the airline received the latest addition to its fleet, registered as B-657T, marking another step in China’s ambitious efforts to establish itself as a key player in the global aerospace market.

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This delivery is part of a major achievement for COMAC (Commercial Aircraft Corporation of China), which has now delivered a total of 10 comac c919 in 2024 alone, a remarkable increase from just three jets delivered by the end of 2023.

The C919 program represents China’s entry into the competitive market for commercial aircraft, aiming to rival the dominance of manufacturers like Airbus and Boeing in the narrow-body sector.

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One standout feature of the c919 is its innovative in-flight technology, particularly its Wi-Fi system. Developed by the China Electronics Technology Group Corporation (CETC), this system allows passengers to connect to the “CEAIR-WIFI” wireless hotspot, providing seamless access to in-flight entertainment.

Through the website www.muflyer.com, travelers can enjoy a range of features including “Air Cinema” and “Air Games,” which enhance the flying experience.

Looking ahead, COMAC’s ambitions are not limited to narrow-body aircraft. At the 15th China International Aviation and Aerospace Exhibition in Zhuhai, c919 aircraft price made waves with the announcement of over 100 new aircraft orders.

A significant highlight was a high-profile agreement with Air China for the development of the C929, a widebody aircraft set to compete c919 vs a320 and c919 vs 737 with these models.