DELHI — Jet Airways, the former premier Indian carrier currently undergoing court-supervised liquidation, has issued a public notice for the e-auction of three of its remaining narrowbody aircraft. The move is part of ongoing efforts by liquidators to recover value and pay off creditors following the airline’s collapse.

Key Auction Details

The upcoming sale is scheduled for July 18, 2026, and will take place online via the BAANKNET platform. The auction features three specific Boeing jets:

  • Two Boeing 737-800s

  • One Boeing 737-900

The planes are currently grounded at three major Indian aviation hubs—Delhi (DEL), Hyderabad (HYD), and Mumbai (BOM)—giving prospective buyers, leasing firms, and aviation investors the opportunity to physically inspect the assets before placing their bids.

Liquidating the Fleet

Jet Airways abruptly ceased operations back in 2019. After a prolonged insolvency battle, a Supreme Court-directed resolution process ultimately shifted the airline into liquidation.

When the airline initially shut down, it held 11 aircraft on its books. Since then, the liquidation team has made steady progress in asset disposal:

  • Boeing 777 Fleet Sold: Earlier in the process, five widebody Boeing 777-300ER aircraft were successfully sold to Malta-based Ace Aviation for roughly $107 million.

  • What Remains: Once this July 737 auction concludes, the airline's major remaining aircraft assets will dwindle to just three Airbus A330 widebody planes, which are expected to eventually target long-haul operators or parts buyers.

A Mountain of Debt

While the aircraft sales bring in steady revenue, they represent a small fraction of what the defunct carrier owes. Jet Airways is saddled with monumental financial obligations:

  • ₹7,807 crore ($~935M USD) owed directly to financial creditors.

  • ₹15,723 crore ($~1.88B USD) in total admitted claims, which includes outstanding dues to employees, vendors, and operational partners.

Stakeholders and industry observers will be watching the July 18 auction closely to gauge market interest in the older 737-family aircraft and to see how much more capital can be extracted from the remnants of the airline.