Tags: Mumbai , Jet Airways , Turkish Airlines

Mumbai: Turkish Airlines will lease three Boeing 777 aircraft from Jet Airways as per a latest agreement inked between the two carriers, sources close to the development said today.

"Turkish Airlines has signed a lease agreement with Jet Airways to take on lease three Boeing 777 wide-body aircraft.

The deal was signed last week," the sources said.

Turkish Airlines has already taken four Boeing 777 aircraft on lease from Jet Airways, which are currently on a 25-month dry lease. The lease period would be completed by November 2011.

Though the deal size is not known, according to market experts, a brand new Boeing 777-300ER or Boeing 777-200LR can fetch up to USD 1.2 million rental per month when on dry lease, as per present international market rates.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Add to del.icio.us | digg this | Stumble It