In 2019, when Jet Airways collapsed and suspended operations, the airline had most of its fleet on lease, which flew back to their lessors or repossessed in India. However, some of the planes were on finance leases, where Jet Airways was going to eventually get to acquire those aircraft. Here is a full list of the remaining Jet Airways widebodies that we had published back in 2019.

Aircraft	Current registration	Previous registration on delivery in 2007/8	Owner	Lessor	Notes
A330-200	VT-JWW	VT-JWK	MOORGATE AIRCRAFT 2007 LIMITED	MOORGATE AIRCRAFT 2007 LIMITED
A330-200	YU-ARA	VT-JWJ	MOORGATE AIRCRAFT 2007 LIMITED	MOORGATE AIRCRAFT 2007 LIMITED	Leased to Air Serbia by Jet Airways
A330-200	VT-JWV	VT-JWM	FLEET IRELAND AIRCRAFT LEASE 2007-A LTD	FLEET IRELAND AIRCRAFT LEASE 2007-A LTD	no engines
777-300ER	VT-JET	VT-JEA	WILMINGTON TRUST COMPANY	FLEET IRELAND AIRCRAFT LEASE 2007-B LIMITED
777-300ER	VT-JEV	VT-JEB	WILMINGTON TRUST COMPANY	FLEET IRELAND AIRCRAFT LEASE 2007-B LIMITED
777-300ER	VT-JES	VT-JEC	WILMINGTON TRUST COMPANY	FLEET IRELAND AIRCRAFT LEASE 2007-B LIMITED
777-300ER	VT-JEU	VT-JED	WILMINGTON TRUST COMPANY	FLEET IRELAND AIRCRAFT LEASE 2007-B LIMITED
777-300ER	VT-JEW	VT-JEE	WILMINGTON TRUST COMPANY	FLEET IRELAND AIRCRAFT LEASE 2007-B LIMITED	Impounded at Amsterdam due to non payment of dues
777-300ER	VT-JEM	VT-JEF	WILMINGTON TRUST COMPANY	FLEET IRELAND AIRCRAFT LEASE 2007-B LIMITED
777-300ER	VT-JEX	VT-JEG	JIHB LIMITED	JIHB LIMITED	Grounded at Chennai since September 12, 2018
777-300ER	VT-JEH	VT-JEH	JIHB LIMITED	JIHB LIMITED
777-300ER	VT-JEQ	VT-JEJ	BISHOPSGATE AIRCRAFT 2008 LIMITED	BISHOPSGATE AIRCRAFT 2008 LIMITED
777-300ER	VT-JEK	VT-JEK	JIHBTWO LIMITED	JIHBTWO LIMITED

Six Boeing 777-300ER aircraft of Jet Airways were parked in Mumbai (3), Delhi (2) and one was stuck in Amsterdam when the airline ran out of cash. These aircraft had very small amounts left to be paid on them, after which they could become Jet Airways owned aircraft. However, given there was no cash in the airline, they could not get those planes.

In June 2020, Jet Airways’ Interim Resolution Professional managed to sell some commercial property owned by the airline in Mumbai’s tony Bandra Kurla Complex, in a building which carried its name as well. The transaction closed out at the reserve price of INR 490 Crores (USD 65 million).

Jet Airways was able to use a part of the money to get the title rights of these six aircraft, for a sum of USD 13 million. The following Boeing 777-300ERs are now going to be owned by the airline itself:

• VT-JEM
• VT-JES
• VT-JEW
• VT-JET
• VT-JEU
• VT-JEV

All of these planes are over a decade old, and heavy by global standards, given the very heavy first-class suites installed on these aircraft. And given the CoVid-19 induced glut of parked airplanes around the globe, there may not be much value to be realised from them at the moment as well. So, I am not sure what use would these aircraft be at the moment, or will they be further sold by the airline to release some cash?

Along with the planes, they also got their original engines back.

Jet Airways :
Will it take to the skies again? Soon?
After clearing lease dues for six of its widebody aircraft -777- engineering work in full swing on Jet’s widebody aircraft at the ⁦@CSMIA_Official⁩ .
⁦@jetairways⁩
Pics from a source pic.twitter.com/7RpYgn6KbV

— manisha singhal (@manishasinghal) July 31, 2020

Bottomline

Jet Airways finally owns 6 Boeing 77Ws but in a very shabby condition. These aircraft would need a lot of work to be made airworthy again, and at the current time, it might make no sense to try and fly them.

What do you think will happen with these 777s? Will they be flown again or sold for scrap?

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