At present, IndiGo and GoAir have 92 and 35 A320neo aircraft powered by Pratt and Whitney engines in India.
The ruling Narendra Modi-led government is hoping to privatise the national carrier in the coming months.
The company said that the operating revenues were at Rs 3,002.1 crore against Rs 2,220.4 crore for the corresponding quarter last year.
Etihad Airways and the Hinduja Group are likely to not submit the expression interest (Eol) for Jet Airways by August 3 deadline and may prefer
Gangwal had written to Sebi on July 8 seeking its intervention to address what he called corporate governance issues at Indi-Go.
In order to ensure the independence of directors, a head hunting firm will be appointed by the board to search for directors.
The steep claims push the airline closer to the final option of liquidation.
Indra Nooyi, former CEO of beverage giant Pepsico, has been approached by the company to be appointed a director on the board, it is learnt.
Insolvency Process Underway
Jet Airways is currently undergoing insolvency proceedings at the National Company Law Tribunal (NCLT).
The board decided on fresh engine orders and the competitive bidding process in April.