Akasa Air to buy 150 Boeing 737 MAX aircraft

THE country's newest carrier Akasa Air on Thursday placed a firm order of 150 Boeing 737 MAX aircraft at WINGS India 2024, Hyderabad.

- ARSHAD KHAN

The order, which consists of 737 MAX 10 and 737 MAX 8-200 jets, will provide the airline with a steady aircraft delivery stream through 2032, cementing the company's domestic and international expansion plans, the carrier said.

This is the third biggest order for planes Indian carriers have made in the last one year as they expect the country's aviation sector to become one of the largest markets in the world. Leading airline IndiGo in June last year placed a firm order for 500 Airbus A320 Family aircraft. This deal overtook Tata Group-owned Air India's mammoth order of 470 aircraft from Boeing and Airbus placed in March 2023. While Akasa has not announced the deal value, analysts tracking the sector peg the current order between $15-20 billion.