Rakesh Jhunjhunwala’s Akasa Air orders 72 Boeing 737 MAX jets

Akasa Air, the Indian low-cost airline backed by billionaire investor Rakesh Jhunjhunwala, placed an order for 72 Boeing 737 MAX jets, Reuters reported on Tuesday. 

The move might help the US planemaker regain lost ground in one of the world’s most promising markets.

Akasa Air is slated to start operations next year. The airline recently received the initial clearance from the civil aviation ministry to launch the country’s latest ultra-low-cost carrier.

Akasa Air plans to offer flights across India starting in the summer of 2022 with an “endeavour to be the nation’s most dependable, affordable and greenest airline”.

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