Akasa Air, Backed by Investor Rakesh Jhunjhunwala, Orders Boeing 737 Jets
Dubai:
Low-cost carrier Akasa Air has placed an order for 72 Boeing 737 MAX jets, a move that could help the US plane maker regain lost ground in one of the world’s most promising markets.
Akasa’s orders, backed by billionaire investor Rakesh Jhunjhunwala, are incremental orders, a Boeing executive said on Tuesday.
Last month, SNV Aviation, which owns Akasa Air, said it expected to start flying next year after receiving initial clearance from the Civil Aviation Department to launch its newest ultra-low-cost airline. of this country.
Reuters reported in September that Boeing was close to winning an order for about 70 to 100 737 MAX planes from Akasa, pending separate negotiations over a long-term engine service contract.
The aviation safety regulator in August allowed the country’s airlines to fly MAX jets, ending nearly two and a half years of regulatory shutdowns.
The 737 MAX was grounded worldwide in March 2019 following two deadly crashes in five months that killed 346 people, plunging Boeing into a financial crisis, since then. further with the COVID-19 outbreak.
(This story has not been edited by NDTV staff and was automatically generated from the feed provided.)
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