Air-India and Jet Airways sign agreement on Aircraft Leasing

Air-India and Jet Airways (India) have reached a short-term agreement for the Wet Lease by Air India of Jet Airways’ A340-300E aircraft for operating a daily flight between Mumbai and London.

Air-India proposes to use the wet leased aircraft till July 27, 2005, for operating seven flights a week between Mumbai and London – five non-stop flights and two flights via Ahmedabad. This is, however, subject to receiving necessary approvals. The new A340-300E aircraft will be used by Jet Airways for the wet lease operation. The flights will operate in two class configuration of 38 Business Class and 231 Economy Class seating.

Under this agreement Jet Airways will provide the aircraft, the cockpit and cabin crew and will be responsible for the total maintenance of the aircraft. Air India will, however, provide the inflight catering on these flights and operate them as Air- India flights.

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