Akasa Air Orders 150 Boeing 737 Max Planes - Expansion Plans

By By Rediff Money Desk, HYDERABAD
Jan 18, 2024 11:50
Akasa Air announces an order for 150 Boeing 737 Max planes, expanding its domestic and international operations. This order will provide the airline a steady aircraft delivery stream through 2032, cementing the company's expansion plans.
Photograph: PTI Photo
Hyderabad, Jan 18 (PTI) Akasa Air on Thursday announced an order for 150 Boeing 737 Max planes as the less than two-year old airline looks to expand its domestic and international operations.

The latest order, comprising 737 Max 10 and 737 Max 8-200 jets, will provide the airline a steady aircraft delivery stream through 2032, cementing the company's domestic and international expansion plans, the airline said in a release.

In 2021, Akasa Air placed its initial order of 72 Boeing 737 Max aircraft and it was followed up with an order of 4 Boeing 737 Max 8 aircraft in June 2023.

"This new deal in January 2024 takes the airline's order book to an impressive total of 226 aircraft. Akasa Air currently operates a fleet of 22 aircraft and will receive deliveries of a total of 204 aircraft over the course of eight years," the release said.

About the new order, Akasa Air Founder and CEO Vinay Dube said this large and historic aircraft order puts the airline on a path of becoming one of the top 30 leading airlines in the world, by the turn of this decade.

"These additions to our fleet will help us bolster the strength of our operations as we expand our footprint and foray into international skies in the very near future," he said.

The order was announced at the Wings India 2024 event here.

Akasa Air, which is preparing to start international services, commenced commercial operations on August 7, 2022.
Read More On:
akasa airboeing 737 maxairlineexpansiondomestic flightsinternational flightsaviationwings india 2024indiafleet
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Chennai Bullion Rates Today

Check the opening bullion rates in Chennai today. Gold (22K, 18K) and silver prices per...

NAFED Urad Procurement in UP: 50 Centers Open

NAFED to open 50 urad procurement centers in 17 UP districts. Farmers can sell at MSP...

NCLAT Asks Renewal of Bank Guarantee for IL&FS...

NCLAT directs Brookfield-backed Chronos to renew bank guarantee for acquiring IL&FS...

SBI Reduces Lending Rate After RBI Cut

SBI cuts lending rate by 25 bps after RBI rate cut. Loans become cheaper for borrowers....

Pakistan & Binance Pact: Tokenisation of Assets

Pakistan and Binance sign MoU for tokenisation of assets up to USD 2 billion. Boost...

IndiGo Seeks Rs 900 Cr Customs Duty Refund in...

IndiGo moves Delhi HC for Rs 900 crore Customs duty refund on re-imported aircraft...

Sebi Clears Pranav Adani in Insider Trading Case

Sebi clears Pranav Adani, Adani Group director, of insider trading charges related to...

Sebi Officials & Asset Disclosure: Privacy...

Sebi officials express privacy concerns over public asset disclosure. Pandey discusses...

New Labour Codes: Supply Chains, Wages, Skilling

New Labour Codes in India aim for frictionless supply chains, universal wage coverage,...

Fidelity Buys 6.3% Stake in Meesho

Fidelity International acquires a 6.3% stake in e-commerce firm Meesho. The stake is...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com