Jhunjhunwala's Akasa may order 70 Boeing 737 Max: Report

The new airline held discussions with Airbus for its best-selling A320neo jets

Boeing Co. is in advanced discussions with a newly created yet to be launched  Indian budget carrier to sell 737 Max jets. According to anonymous sources that are familiar with the matter said that this deal could give the US planemaker a pivotal breakthrough in a Airbus SE dominated major market dominated.
As per a report by Bloomberg, Rakesh Jhunjhunwala-backed yet to be launched Akasa Airline, has also held discussions with Airbus for its best-selling A320neo jets. But that model is not available for delivery for several years down the track.
Any deal would give Boeing a firmer foothold in the nation, until when the world’s fastest-growing aviation market has outstanding Max orders from only one carrier, SpiceJet , Jet Airways India and Akasa will as the only other customer for the 737 Max, that had collapsed under a pile of debt in 2019.
The discussions are up for a deal of 80 aircrafts with deliveries starting soon as within seven months. However, any announcement will depend on Jhunjhunwala backed Airlines  getting regulatory approvals from the Civil Aviation Ministry to formally start the airline business.
As per the Bloomberg report, both Boeing and the UD Federal Aviation Administration have held key discussions with the Indian Directorate General of Civil Aviation Ministry, the sector regulator, about the jet’s return to service.
Apart from Jhunjhunwala, Akasa is backed by Aditya Ghosh, who is a former head of market leader IndiGo and Vinay Dube, who is a former executive at Delta Air Lines Inc. as well as a former chief of Jet Airways.

India Scanner News Network

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