Jet Airways to lease aircrafts to Thai Airways; stock down
Jet Airways has executed an agreement with Thai Airways International Public for the sub (dry) lease of two of its B 777-300ER aircraft.
By ET Bureau |
MUMBAI: Jet Airways has executed an agreement with Thai Airways International Public for the sub (dry) lease of two of its B 777-300ER aircraft. The lease is set to commence from October 2011 and November 2011 respectively and will continue for a period of 24 months.
Both these aircrafts are currently given on lease to Turkish Airlines and are expected to be returned later this year on the expiry of the respective lease terms.
The stock was at Rs 447.45, down 1.27 per cent on the NSE. It touched a high of Rs 458 and low of Rs 444.40 intraday.
Both these aircrafts are currently given on lease to Turkish Airlines and are expected to be returned later this year on the expiry of the respective lease terms.
The stock was at Rs 447.45, down 1.27 per cent on the NSE. It touched a high of Rs 458 and low of Rs 444.40 intraday.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
