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Jet Airways to buy 10 Boeing 787 aircraft

Indian carrier Jet Airways will buy 10 aircraft from US-based aviation giant Boeing to expand its…

Indian carrier Jet Airways will buy 10 aircraft from US-based aviation giant Boeing to expand its international operations.

The company informed the Bombay Stock Exchange that it has signed an agreement with Boeing for the acquisition of 10 Boeing 787-8 series aircraft, subject to regulatory approval.

Boeing will deliver the aircraft between July 2011 and December 2012. While the company did not disclose the financial details of the agreement, sources said the deal could be valued at about US$1.5-2 billion.

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