Centre For Asia Pacific Aviation

Jet likely to order 100 planes for $ 3.75 bn New Delhi: Jet Airways is expected to order more than 100 narrow-body aircraft for up to $3.75 billion in 2012-13 as the largest Indian carrier grabs market share from its troubled rivals, a leading consultancy said.

The airline is understood to be actively evaluating Airbus's narrow-body A320 aircraft, and is likely to lease up to 10 A330s to support expansion of its European network, the Centre for Asia Pacific Aviation (CAPA) said in a report.

"In my estimate, at the current price and without taking into account the list price, the actual price for the order could be $3.5 billion to $3.75 billion," Kapil Kaul, regional head of CAPA, told Reuters.

A Jet spokeswoman was not immediately available for comment....more    
12:48 PM, May 23, 2012