Jet Airways loses three 777s

Wikipedia image/Timothy Dauber
Wikipedia image/Timothy Dauber

March 29: Jet Airways is to lease three of its Boeing 777-300ER aircraft to Thai Airways as part of a “capacity rationalisation initiative”.
The three aircraft will be dry-leased for a period of three years with immediate effect and is in addition to the lease agreement with Turkish Airlines for four other 777-300ERs.
Nikos Kardassis, Chief Executive Officer for Jet Airways said “We have worked over the last two years to closely align the airline’s deployed capacity with current demand. With the improvement in the global economic environment leading to a rise in air traffic, Jet Airways is now optimally positioned to return to profitability.”