Airline expands

has confirmed the completion of an order agreement with India-based

for 10 Next-Generation 737-800s.

Jet Airways announced its intention to order the aircraft, valued at nearly $680 million at list prices, at the Paris Air Show in June. Deliveries will begin in early 2006.

"It is important that Jet Airways take the necessary steps to ensure its leadership position in the fast-growing India aviation market," said Jet Airways Chairman Naresh Goyal. "The additional 737s will allow our airline to grow profitably with continued low operating costs."

Jet Airways currently operates a fleet of 39 Classic and Next-Generation Boeing 737-400/-700/-800/-900 airplanes. Since its inception in May 1993 the airline has flown over 53.5 million passengers.

During the Paris Air Show, Jet Airways also announced its intention to order 10 777s aircraft that will be finalised at a later date.