Lessor May Divert Jet Air Planes to Plug Demand Boosted by Max

BOC Aviation sees quite a lot of demand for 737-800 planes
Jet Airways has yet to finalize bailout after months of talks

BOC Aviation CEO Martin discusses the groundings of Boeing 737 Max planes, and the prospects for Jet Airwarys India.(Source: Bloomberg)

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By Anurag Kotoky and Kyunghee Park

March 14, 2019 at 5:57 AM UTC

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Debt-laden Jet Airways India Ltd. faces the prospect of seeing some of its leased Boeing Co. 737-800 aircraft reallocated to other carriers as a global grounding of the planemaker’s newest Max series spurs demand for other models.

BOC Aviation Ltd., the company leasing some of them to Jet Airways, is seeing “quite a lot of demand” for the planes, Robert Martin, the lessor’s chief executive officer, said Thursday.