Akasa Air places orders for 72 Boeing 737 MAX jets

Akasa Air, the Indian low-cost airline backed by billionaire investor Rakesh Jhunjhunwala, placed an order for 72 Boeing 737 MAX jets.

“Akasa Air’s order includes two variants from the 737 MAX family, including the 737-8 and the high-capacity 737-8-200,” the joint statement by Akasa Air and Boeing mentioned. The move might help the US planemaker regain lost ground in one of the world’s most promising markets.

“We are delighted to partner with Boeing for our first airplane order and thank them for their trust and confidence in Akasa Air’s business plan and leadership team,” the airline’s CEO, Vinay Dube, said, according to the statement.

“India is one of the fastest-growing aviation markets in the world with an unparalleled potential. We are already witnessing a strong recovery in air travel, and we see decades of growth ahead of us,” Dube said.

Last month, SNV Aviation, which owns Akasa Air, said it expected to start flying next year after getting initial clearance from the civil aviation ministry to launch the country’s latest ultra-low-cost carrier.

Akasa Air plans to offer flights across India starting in the summer of 2022 with an “endeavour to be the nation’s most dependable, affordable and greenest airline”. (Source Mint)

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