New Delhi, March 25: In a bid to rationalise its capacity and cut costs, the country’s largest airline by market share Jet Airways today said it will lease three of its wide-body Boeing planes to Thai Airways for three years with immediate effect.
The premier private airline signed a new dry lease agreement with the Thai national carrier for three Boeing 777 -300 extended range aircraft for three years with immediate effect, a spokesperson said.
The lease of the three planes to the Thai Airways is in addition to the four other 777-300 ERs currently on dry lease with the Turkish Airlines. Under dry lease, the lessor rents out the aircraft without any crew as in case of a wet lease.
–Agencies