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

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

FPJ Web DeskUpdated: Tuesday, November 16, 2021, 05:54 PM IST
article-image

Indian low-cost airline Akasa Air placed an order for 72 Boeing 737 MAX jets, a move that might help the U.S. planemaker regain lost ground in one of the world's most promising markets.

The orders by Akasa, which is backed by billionaire investor Rakesh Jhunjhunwala, are incremental orders, a Boeing executive said on Tuesday.

(This is a developing story)

RECENT STORIES

Sensex Ends Marginally Lower As Investors Remain Cautious Amid Geo-Political Tensions

Sensex Ends Marginally Lower As Investors Remain Cautious Amid Geo-Political Tensions

Govt Notifies ITR Forms; Individuals With LTCG Up To ₹1.25 Lakh Can File ITR 1 & 4

Govt Notifies ITR Forms; Individuals With LTCG Up To ₹1.25 Lakh Can File ITR 1 & 4

SEBI Reviewing NSE’s Long-Stalled IPO Proposal As Governance, Compensation Issues Remain

SEBI Reviewing NSE’s Long-Stalled IPO Proposal As Governance, Compensation Issues Remain

Adani Power's 5% Net Profit Decline To ₹2,599.23 Crore, Profit After Tax Lower In 2025

Adani Power's 5% Net Profit Decline To  ₹2,599.23 Crore, Profit After Tax Lower In 2025

Adani Power Logs Strong Financial Performance In FY25, Achieves 102 Bu Power Generation

Adani Power Logs Strong Financial Performance In FY25, Achieves 102 Bu Power Generation