Akasa Air Orders 150 Boeing 737 Max Planes - Expansion Plans
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.
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.
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:
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
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.89 ( 0.00)
- 69758135
- Standard Capital
- 1.26 ( -16.00)
- 55792425
- GTL Infrastructure
- 2.37 (+ 4.87)
- 50169700
- Vodafone Idea L
- 9.18 ( -1.50)
- 27130818
- Jaiprakash Power Ven
- 22.33 ( -2.45)
- 21183721
MORE NEWS
EU Deforestation Rules, Carbon Tax Unfair: Goyal
India's Commerce Minister Piyush Goyal criticizes EU's deforestation regulation and...
Just Dial Q2 Profit Soars 2-Fold to Rs 154 Cr
Just Dial's net profit more than doubled to Rs 154 crore in Q2 FY25, driven by record...
Mandhana Industries Promoter Accused of Loan...
ED chargesheet alleges Purushottam Mandhana diverted business loans for personal gain,...