Jet Airways wet-leases aircraft to Gulf Air and Turkish Airlines

Jet Airways will lease out aircraft that have been rendered surplus following the route rationalisation and cost pruning.

The airline recently entered into a Wet-Lease Agreement with Gulf Air Company G S C, Bahrain, for leasing out two A330-200 aircraft for four months.

It has also entered into similar agreement with THY Turkish Airlines Inc, for leasing out three B777-300 ER aircraft for six months.

Under wet lease agreement the operational control and maintenance responsibility will remain with Jet Airways. The aircraft will remain on Indian registry and will be operated with Jet Airways crews.

As per my earlier analysis, Jet Airways will now be short of aircraft to sustain their Bangalore Brussels flight, and so Bangalore will loose this flight.

I can only wish that Jet Airways CEO Mr. Wolfgang Prock-Schauer and the senior management team at Jet, give Bangalore the level of loyalty they are receiving in return, and not surrender the skies to the foreign carriers.