Akasa Air Ordered 150 More Boeing 737 MAX Jets For Domestic and International Expansion
Portfolio Pulse from Charles Gross
Akasa Air, an Indian carrier, has placed a follow-on order for 150 Boeing 737 MAX jets, including 737-10 and 737-8-200 models, to support its domestic and international expansion. The announcement was made at the Wings India 2024 airshow, reinforcing Akasa Air's commitment to an all-737 fleet.
January 18, 2024 | 9:58 am
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POSITIVE IMPACT
Boeing secures a significant follow-on order from Akasa Air for 150 737 MAX jets, indicating continued demand for its aircraft and potential positive impact on future revenues.
The follow-on order from Akasa Air for 150 Boeing 737 MAX jets is a substantial addition to Boeing's order book and is likely to be viewed positively by investors. This deal not only signifies trust in the 737 MAX model post its previous grounding but also suggests potential revenue growth from the Indian aviation market. The announcement at a major airshow could also enhance Boeing's market visibility and investor confidence in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100