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:
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 .
Pics from a source pic.twitter.com/7RpYgn6KbV
— manisha singhal (@manishasinghal) July 31, 2020
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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