Jet Airways Corrects Aircraft Asset Description in E-Auction Public Announcement
Jet Airways (India) Limited has corrected asset specifications in its e-auction public announcement dated March 20, 2026. The correction pertains to a Boeing 777-300ER aircraft (35157-VT-JET) and includes updated engine and APU details that were incorrectly stated in the March 5, 2026 filing. The regulatory notice ensures accurate information is available for the ongoing liquidation process.
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Jet Airways (India) Limited has issued a regulatory filing to correct asset specifications in its public announcement for an upcoming e-auction. The airline, which is currently under liquidation, submitted the correction notice on March 20, 2026, to both BSE Limited and the National Stock Exchange of India Limited.
Asset Description Correction
The company identified an error in the description of an aircraft asset listed at serial number 1 in its previous communication dated March 5, 2026. The corrected specifications provide accurate technical details for the liquidation process.
| Asset Component: | Specification |
|---|---|
| Aircraft Model: | Boeing 777-300ER |
| Aircraft Registration: | 35157-VT-JET |
| Left Hand Engine: | 906343 |
| Right Hand Engine: | 906363 |
| APU Model: | Honeywell P-1728 |
| Asset ID: | 3751 |
Regulatory Compliance
The intimation was filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to disclose material events and information that could impact investor decisions.
The correction notice was digitally signed by Sundaram Ramesh, Chief Financial Officer of Jet Airways (India) Limited, on March 20, 2026, at 16:48:25 IST. The filing ensures that potential bidders and stakeholders have access to accurate asset information for the e-auction process.
Liquidation Process Context
As part of the ongoing liquidation proceedings, the company is conducting e-auctions of its assets. The correction of technical specifications is crucial for maintaining transparency and ensuring that bidders have precise information about the aircraft and its components before participating in the auction process.
What is the expected timeline for completing the e-auction of Jet Airways' remaining aircraft assets?
How might the corrected asset specifications impact the bidding interest and valuation for this Boeing 777-300ER?
Will other aviation companies or lessors likely emerge as primary bidders for Jet Airways' liquidated aircraft fleet?
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