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Gulf Air (Bahrain) has decided to not pursue the dry lease option for the “foreseeable future” for the leased Jet Airways Boeing 777-300 ERs due to current economic situation. Under the original agreement Jet Airways agreed to operate the four Triple Sevens under a wet lease agreement for the first six months. After that period Gulf Air had the option to dry lease (operate) the aircraft but this will not happen at this time. Therefore the 777s will be returned around September 2009.
The pictured 777-35R ER VT-JEG (msn 35163) looks nice in the Gulf Air's splendid colors. It is pictured arriving at a cloudy Heathrow Airport. Copyright Photo: Antony J. Best.
Gulf Air (Bahrain) as previously reported is wet leasing three Boeing 777-300 ERs from Jet Airways for six months. After that initial period Gulf Air will dry lease the aircraft for another 36 months. The first Triple Seven is now service on the London route in full Gulf Air’s 2003 colors.