- Global company Boeing orders 72 MAX 737 aircraft
- 72 planes cost about $ 9 billion
Indian stock market veteran Rakesh Jhunjhunwala will soon start new cheap airlines. Rakesh Jhunjhunwala’s Akasa Airlines said Tuesday it ordered 72 MAX 737 jets from global aerospace company Boeing. SNV Aviation Private Limited will fly under the Akasa Air brand.
A joint statement said that the cost of 72 aircraft under this agreement is approximately $ 9 billion. Akasa Air’s order includes two variants of the 737 MAX family, the 737-8 and the high-capacity 737-8-200.
Rakesh Jhunjhunwala plans to start cheap airlines
In giving information about the order for 72 aircraft, Akasa Air CEO Vinay Dubey said that getting a better aircraft (737-MAX) at a lower cost will meet our goal of operating a cheap airline. Apart from this, the Boeing 737 MAX aircraft is also environmentally friendly.
He said that India is one of the fastest growing aviation markets in the world. There is the possibility of rapid growth in the air travel sector in India. The goal of Akasa Airlines is to provide cheap air services to the people. Since Akasa company has 737 MAX aircraft, it will quickly strengthen its position in the Indian market.
NOC has been received from the Ministry of Aviation
Let us tell you that Rakesh Jhunjhunwala’s Akasa Airlines has a Certificate of No Objection (NOC) from the Ministry of Civil Aviation.
Akasa Airlines flights will start from the summer of 2022. Former IndiGo president Aditya Ghosh is included in the board of this new airline.
Rakesh Jhunjhunwala has a 40 percent stake in this new airline. It is reported that they will invest around $ 35 million in this company. The company said in its statement that the airline wants to start operating in India by the summer of 2022.