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          Home » Akasa Air in Talks with Boeing for New 737 MAX Mega Order

          Akasa Air in Talks with Boeing for New 737 MAX Mega Order

          Bhavya Velani by Bhavya Velani
          June 21, 2023
          in Air Show, Airline News, Akasa Air, Boeing, Breaking, Featured, Indian Aviation News, News
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          PARIS- According to insiders, India’s youngest airline, Akasa Air (QP), is reportedly engaging in discussions with Boeing (NYSE: BA) regarding a potential additional order of 737 Max single-aisle jets.

          However, the talks are contingent on securing financing, which poses a challenge for the airline following its billionaire founder’s passing and Go First (G8) recent insolvency.

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          The negotiations said to be confidential, are expected to be finalized during the Paris Air Show this week.

          Akasa Air in Talks with Boeing for New 737 MAX Mega Order
          Photo: Twitter @AkasaAir

          Akasa Air Boeing Order at Paris Air Show

          While there is no certainty about the outcome, Akasa may place an order for approximately 10 or fewer aircraft if an agreement is reached.

          The discussions involve sensitive information, and sources have chosen to remain anonymous. Both Boeing and Akasa have declined to provide comments at this time.

          Akasa, a recently established airline in India, commenced operations just last year. The carrier has already received 20 of the 72 Max jets it ordered.

          Earlier this year, CEO Vinay Dube expressed the intention to place a significant order for additional aircraft by the end of the year. However, the insolvency of Go First has led aircraft lessors to exercise caution. Thereby impacting the airline market.

          India’s aviation industry, known for its intense competition, is witnessing significant orders, such as from the newly privatized Air India Ltd. and the market leader IndiGo, which is expected to double its backlog by placing a 500-plane order at the air show.

          In August, the untimely demise of Akasa’s billionaire founder, Rakesh Jhunjhunwala, raised concerns about the airline’s future funding.

          Stay tuned with us. Further, follow us on social media for the latest updates.

          Also Read: US Airlines, Including American, United, Delta, and Southwest, want you to Dress Properly – Aviation A2Z

          Join us on Telegram Group for the Latest Aviation Updates. Subsequently, follow us on Google News.

          Akasa Air has Order Four New Boeing 737 MAX 8 at the Paris
          Source: Bloomberg
          Tags: AkasaAkasa AirAkasa air BoeingAkasa Air Boeing 737Akasa Air Boeing OrderAkasa Air UpdatesBoeingBoeing 737 maxBoeing News
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          Bhavya Velani

          Bhavya Velani

          Bhavya Velani is the Founder of Aviation A2Z. Bhavya Started Aviation A2Z as a youtube channel and created unique and engaging content for Aviation Professionals. He is very passionate about Writing Aviation Blogs and creating content. Founded in 2018, Aviation A2Z has grown rapidly, with 1 Million Monthly visitors. Bhavya writes for Airways Magazine, AIRLIVE, AeroXplorer, Travel Radar and other global publications.

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