Multi million dollar investment to fuel Jet Airways growth

As part of the comprehensive expansion plans that include launching new seats, new in-flight service, new staff uniforms and a new corporate identity, Chairman, Naresh Goyal confirmed that deliveries for the first of the 20 wide body aircraft will commence this month end. The ten Boeing B777-300ER and ten Airbus A330-200 aircraft order is valued at USD 2.1 billion. More than two years in the making, Jet Airways have considered every detail in the development of their new fleet of wide body aircraft. Starting with the state-of-the-art Boeing 777-300ER and Airbus A330-200, Jet Airways has redesigned everything from the ground up, not happy to accept industry norms. In addition, Jet Airways holds options for further additional aircraft of each type and have recently signed to purchase ten Boeing B787 Dreamliner aircraft with deliveries commencing in 2011. The B787 order is valued at USD1.6 Billion.

In all Jet Airways will invest USD3.7 billion in new aircraft pursuing an aggressive growth strategy. The new Jet Airways Boeing B777’s will be configured in three classes, eight First Class, thirty Première and two hundred and seventy four Economy seats and will initially operate on the Mumbai-London route. This will be the first time Jet Airways has offered a First Class service and an entirely new First Class suite has been created onboard. As further deliveries of these B777 aircraft are made, Jet Airways will launch daily services to New York via Brussels. It is planned that these services will commence in early August. Daily Services to San Francisco via Shanghai are also planned with the B777 fleet in winter 2007. The Airbus A330 aircraft, will be configured in two classes, thirty Première and one hundred and ninety Economy seats, and will operate the daily Delhi-London services.

It will also be deployed on flights from India to markets such as Singapore, Kuala Lumpur, Johannesburg and Toronto via Brussels. The new Première lie flat beds on both aircraft types are all new and represent the absolute latest in airline seat technology. Featuring a 73" bed length, that electronically converts to an enormous 180 degree flat bed with lumbar support and massage systems, Première passengers will rest in unequalled comfort. The Première seat also provides an oversized table, laptop power, telephony, SMS, Email and live text news to deliver a flying office for those Première passengers wanting to work. Jet Airways will be the first airline in the world to install this new economy seat with a seat pitch of 32". It has been designed using the science of advanced ergonomics to create arguably the most comfortable economy seat in the sky. Developed by Panasonic, the new state-of-art eX2 system will deliver an unparalleled and unique range of In-Flight Entertainment options to Jet Airways passengers, whatever class of service they choose to fly.

As part of comprehensive plans to prepare for the airline’s major thrust into International markets the Corporate Identity and Brand mark of the airline has been refreshed and contemporized. Its wide body aircraft will be delivered with a sparkling new livery and all staff will have exquisitely designed new uniforms. Mr. Naresh Goyal, Chairman Jet Airways said "Jet Airways believes in continuously redefining and enhancing the customer experience. This multi million dollar investment in its international product reflects the same. Jet Airways vision is to emerge amongst the top five carriers globally in the next few years". Commenting on the expansion plans Jet Airways Chairman; Mr. Naresh Goyal said "We have been working on these plans for more than two years. Having changed the way people fly in India, we will now take our very own brand of service and style, the spirit of New India, to the rest of the world".

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