Jet Airways, CFM Celebrate 10 Years And 1 Million Flight Hours Together

February 24, 2004

SINGAPORE February 24, 2004 In a special ceremony here today at Asian Aerospace 2004, Naresh Goyal, Chairman of Jet Airways, was presented with a plaque commemorating the 10-year relationship between CFM and Jet Airways, as well as the achievement of the one million flight hour milestone for the airline's CFM56-powered feet.

CFM56 engines are produced by CFM International (CFM), a 50/50 joint company between Snecma Moteurs (Safran Group) and General Electric Company.

Jet Airways began operation in May 1993 with four CFM56-3-powered Boeing 737s. Since then, it has carried more than 40 million passengers and, today, is one of the fastest growing airlines in the world and the largest private domestic carrier in India. Jet Airway's CFM56-powered fleet includes eight Classic 737-400s, in addition to 26 Next-Generation 737-700/-800/-900 aircraft powered by the CFM56-7.

"Jet Airways is an impressive airline," said Pierre Fabre, president and CEO of CFM International. "They have done great things in a relatively short amount of time and we believe that this is only the beginning. We are honored that they have chosen CFM to be such an important part of their operations and we extend our warmest congratulations to everyone at Jet Airways on a job extremely well done."

Jet Airways operates more than 255 flights daily to 41 destinations across India with one of the most modern fleets in the world; the average age of its aircraft is just three years. The airline attributes its success to a strong emphasis on on-time performance. The fleet has done extremely well in service, with the CFM56-3 maintaining a 99.99 percent departure reliability rate, while the CFM56-7 fleet maintains a rate of 99.97 percent.

Jamie Jewell

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Charles Soret

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Perry Bradley

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Talal Ahmed Almahmood

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