Jalan-Kalrock to order 200 aircraft for Jet Air

The order, likely in June, could be a mix of small to large narrow body jets

- Anu Sharma

The Jalan-Kalrock consortium has begun planning to order 200 aircraft after the National Company Law Appellate Tribunal (NCLAT) declined to halt the ownership transfer as requested by the lenders, according to two people familiar with the development.

The order could be announced as early as June, the people said, requesting anonymity.

“Jalan-Kalrock is in talks with aircraft OEMs (original equipment manufacturers) to place an order of at least 200 planes of mix small, medium and large narrow body jets at the Paris airshow in June for their growth plan for five years," one of the people said.

The airline’s plan is to keep the aircraft mix in a manner that the airline is able to tap the market opportunity within India—a blend of core metro markets and markets in smaller cities that have also registered significant growth in recent times.