Rakesh Jhunjhunwala’s Akasa Air orders 737 Max aircraft from Boeing

Rakesh Jhunjhunwala new airline AkasaAir has ordered 72 737 Max aircraft from the US-based aerospace company Boeing for India. This order will allow Akasa to begin service, according to a statement on Tuesday, November 16th. The Indian carrier’s new order is valued at almost $9 billion and includes 737-8 and high capacity 737-8-200 aircraft.

Last month, the Ministry of Civil Aviation issued a no-objection certificate for Akasa Air’s operation in India. Rakesh Jhunwala is backing Akasa Air.

Boeing stated that Akasa Air had ordered two models of the 737 MAX family: the 737-8 and high-capacity 737-8-2200.

According to Boeing’s 2021 Commercial Market Outlook forecast for India, strong demand will be generated by India’s expanding middle class and growing economy. SpiceJet is currently the only customer of the MAX aircrafts in India.

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