Photo Courtesy: ATR Aircraft
Jet Airways (I) Pvt Ltd has reportedly leased two Kingfisher ATR 72-500s, bearing DGCA registrations VT-KAG (MSN 743) and VT-KAH (MSN 746), both manufactured in the year 2007. These two aircraft are leased from Veling, a company engaged principally in aircraft leasing and sales, based at Port Louis, Mauritius.
Jet Airways has managed to lease these planes at a very attractive rate, thanks to the inability of the lessors repossess and fly out Kingfisher aircraft.
The aircraft are being painted in the Jet Airways’ livery; re-registration of the aircraft is uncertain.
Of the 15 Kingfisher ATR 72-500s registered with the DGCA, only three seem to be leased from traceable and established lessors.
The aircrafts were cleared of all dues by all agencies…. 500 leasing amounts are only going up and not down…. With the 500 line stoped they have come up in big demand.
VT-KAG & VT-KAH were registered M-YWAA & M-YWAB respectively to Veling on 26 March 2013. Are they still leased by Jet Airways ?