Turkish Airlines will lease three Boeing 777 wide-body aircraft from Jet Airways. The deal was signed last week, sources close to the development 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 get up to $1.2 million rental per month when on dry lease, as per present international market rates.