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Boeing may secure 70 to 80 737 MAX jets order from Rakesh Jhunjhunwala's Akasa Air: Report

The report stated that a deal could be announced during the Dubai Airshow which is scheduled to commence on November 14, 2021.

November 12, 2021 12:04 IST | India Infoline News Service
US aerospace giant, Boeing Co is in news once again for a mega deal in India with billionaire Rakesh Jhunjhunwala's startup Akasa Air. It is now being said that Boeing is likely to win an order for about 70 to 80 737 MAX jets from Akasa.

The news was reported by Bloomberg who cited people familiar with the matter. The order is expected to be secured by as early as this weekend.

The report stated that a deal could be announced during the Dubai Airshow which is scheduled to commence on November 14, 2021.

Indian aviation authorities gave clearance to Boeing's 737 Max which was grounded for more than two years after two fatal flight crashes, to once again fly ending the aircraft makers regulatory grounding in a key travel market.

After hardware and software modifications in the aircraft, the 737 Max has been allowed to fly again on some major soils.

Notably, the Boeing and Akasa order buzz have been making rounds since August this year, however, both companies have not shed any light on it. Some reports earlier also stated that Akasa is also in discussion with Airbus for its A320neo jets.

In October this year, the Civil Aviation Ministry has given its clearance to Rakesh Jhunjhunwala-backed  'Akasa Air' to commence operations from next year. The airline has received the no-objection certificate (NOC) from the Centre and is expected to take the air from the summer of 2022. SNV Aviation will fly under the brand name Akasa Air. The company will work with the aviation regulator on all additional compliances.

Akasa Air is backed by the Dalal Street king, Rakesh Jhunjhunwala and also ex-Jet Airways CEO Vinay Dube.

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