Jet airways is expected to post a INR 3.25 bln loss for the December quarter , Spicejet INR 1 bln even as Jet Airways continued further expanding its fleet. Jet was recently pulled up by DGCA for canceling flights and grounding more aircraft than safely allowed, whenever low flight loads were indicated.
The 17 Boeing 73-800 aircraft from the old fleet are considerably more cost effective for Indian operations apparently even as Emirates and Etihad invested in a larger fleet of modern dreamliners from Boeing in November. the 17 aircraft would likely have cost Jet Airways more than $1 bln
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