Boeing May Bag Order To Provide Jets For Rakesh Jhunjhunwala’s Akasa Air

Boeing May Bag Order To Provide Jets For Rakesh Jhunjhunwala'S Akasa Air

Boeing could win an order to produce jets for Rakesh Jhunjhunwala’s Akasa Air

Boeing Co could win an order as early as this weekend for about 70 to 80 737 MAX jets from billionaire Rakesh Jhunjhunwala’s startup Akasa Air, Bloomberg News reported on Thursday, citing individuals accustomed to the matter.

A deal might be introduced through the Dubai Airshow, which begins on Nov. 14, the report stated.

News of the potential order comes after Indian authorities in August cleared Boeing’s best-selling jet to fly, ending its regulatory grounding in a key journey marketplace for airplane makers.

Reuters had reported in September that Boeing was near profitable an order for some 70 to 100 737 MAX jets from Akasa, pending separate talks on a long-term engine service deal.

Akasa is about to launch the nation’s newest ultra-low price service after securing preliminary clearance from India’s civil aviation ministry final month.

Boeing shares had been up 1.1 per cent in afternoon buying and selling.

“We always seek opportunities and talk with current and potential customers about how we can best support their fleet and operational needs,” Boeing stated in a press release.

Akasa didn’t reply to a request for remark.

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