This Article is From Nov 11, 2021

Boeing May Win Huge Order For 737 Max Jets From India's Akasa Air: Report

Billionaire Rakesh Jhunjhunwala's startup airline Akasa Air last month received initial clearance from civil aviation ministry to launch the country's latest ultra-low cost carrier.

Boeing May Win Huge Order For 737 Max Jets From India's Akasa Air: Report

The Boeing deal could be announced during the Dubai Airshow. (File)

Boeing Co may win an order as early as this weekend for about 70 to 80 737 MAX jets from Indian billionaire Rakesh Jhunjhunwala's startup airline Akasa Air, Bloomberg News reported on Thursday, citing people familiar with the matter.

A deal could be announced during the Dubai Airshow, which begins on November 14, the report said.

"We always seek opportunities and talk with current and potential customers about how we can best support their fleet and operational needs," Boeing said in a statement.

Akasa did not respond to a request for comment.

The company last month received initial clearance from civil aviation ministry to launch the country's latest ultra-low cost carrier.

News of the potential order comes after Boeing's best selling jet was cleared in August by Indian authorities to fly, ending its regulatory grounding in a key travel market for planemakers. Boeing shares were up 1% in morning trading.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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