Akasa Air, a brand of SNV Aviation, has ordered 72 737 MAX airplanes to build its fleet. The deal, signed at the Dubai Airshow, is valued at nearly US$9 billion at list prices. Akasa Air's order includes two variants from...
To read the full article, please log in or enter your email below:
Akasa Air, a brand of SNV Aviation, has ordered 72 737 MAX airplanes to build its fleet. The deal, signed at the Dubai Airshow, is valued at nearly US$9 billion at list prices.
Akasa Air's order includes two variants from the 737 MAX family, the 737-8 and the high-capacity 737-8-200.
"We are delighted to partner with Boeing for our first airplane order and thank them for their trust and confidence in Akasa Air's business plan and leadership team," said Akasa Air CEO Vinay Dube. "We believe that the new 737 MAX airplane will support our aim of running not just a cost-efficient, reliable and affordable airline, but also an environmentally friendly company with the youngest and greenest fleet in the Indian skies.
"India is one of the fastest-growing aviation markets in the world with an unparalleled potential," added Dube. "We are already witnessing a strong recovery in air travel, and we see decades of growth ahead of us. Akasa Air's core purpose is to help power India's growth engine and democratize air travel by creating an inclusive environment for all Indians regardless of their socio-economic or cultural backgrounds."
"We are honored that Akasa Air, an innovative airline focused on customer experience and environmental sustainability, has placed its trust in the 737 family to drive affordable passenger service in one of the world's fastest-growing aviation regions," said Stan Deal, Boeing Commercial Airplanes president and CEO. "The 737 MAX, with its optimized performance, flexibility and capability, is the perfect airplane to establish Akasa Air in the Indian market and ensure it effectively grows its network."
According to Boeing's 2021 Commercial Market Outlook forecast, India's growing economy and expanding middle class will fuel strong demand for commercial flights, driving the overall need for more than 2,200 new airplanes in South Asia valued at nearly $320 billion over the next 20 years.
French water treatment company BIO-UV Group has dispatched a second BIO-SEA ballast water treatment system to the United States for…
Neutral Air Partner (NAP) has introduced NAPAY, a payment solution designed for its network members. The system was developed in…
DHL Group is expanding its electric vehicle (EV) logistics and supply chain solutions in the Asia Pacific region with the…
Air Astana will introduce a direct flight between Almaty and Da Nang, Vietnam, starting on 4th June 2025. The service…
Indonesian Defence Minister Sjafrie Sjamsoeddin has handed over 700 Maung MV3 special vehicles, produced by PT Pindad, to the Indonesian…
Indonesian Defence Minister Sjafrie Sjamsoeddin has handed over 700 Maung MV3 special vehicles, produced by PT Pindad, to the Indonesian…
AARONIA AG presented its latest advancements in drone detection and electronic warfare at Enforce Tac 2025, held in Nuremberg from…
Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines and Firefly, has signed a Memorandum of Understanding (MoU) with…
The Business Aviation Asia Forum & Expo (BAAFEx) is set to hold its inaugural edition from 4–6 March at Singapore’s…
PT Dirgantara Indonesia (PTDI) and Dassault Aviation have inaugurated the Dassault Aviation-PTDI Design Office on the fourth floor of PTDI’s…
L3Harris Technologies and Shield AI will collaborate on a demonstration to enable an electronic warfare (EW) operation with AI-enabled unmanned…
The Spanish Air and Space Force has said that it sees, the 'Hürjet' training aircraft as well positioned to replace…
Total passenger demand, measured in revenue passenger kilometers (RPK), was up 10.0% in January this year compared to the same…
Pratt & Whitney's GTF Advantage engine has achieved U.S. Federal Aviation Administration (FAA) type certification for the Airbus A320neo family.…
The Israeli Air Force (IAF) will receive the two first Boeing KC-46A aerial refueling aircraft in 2026 . The other…
Israel Shipyards has begun the construction of the first of five Reshef class warships for the Israeli Navy. The 2.8…
Russia has accelerated efforts to incorportate laser technology to some of its operational air defence systems. As part of continuous…
Kratos Defense & Security Solutions and Rafael Advanced Defense Systems on Thursday announced an approximate 50/50 partnership for the establishment…
Defence trade fair Euro Defence Expo (EUDEX) and the annual conference of the NATO Joint Air Power Competence Centre (JAPCC)…
Ramco Systems, a global aviation software provider has announced the successful implementation of its Aviation Software at Philippine Airlines for…
Singapore’s Ministry of Defence has announced that Brigadier-General (BG) Cai Dexian, currently Commander, 3rd Singapore Division will take over from…
Lockheed Martin has showcased a new counter-unmanned aerial system (C-UAS) solution in a recent field demonstration, highlighting its ability to…
The Indonesian Navy (TNI Angkatan Laut / TNI AL) has launched the service's second Bung Karno-class corvette, KRI Bung Hatta…
ASELSAN recorded revenues of 120 billion TL (over 3.2 billion USD) in 2024, marking a 13% increase from the previous…
ITA Airways and Lufthansa Group have initiated a codeshare agreement, linking their route networks for the first time. This arrangement…
Chemring has provided a trading update ahead of its annual general meeting, reporting a record order book of £1.35 billion…
TransNusa is set to become the first Indonesian airline to operate scheduled flights between Bali and Guangzhou. The airline will…
ANA Holdings and CFM International have announced an order for more than 75 LEAP engines, including both installed and spares.…
General Atomics Aeronautical Systems, Inc. (GA-ASI) recently demonstrated the first-ever Anti-Submarine Warfare (ASW) capability on an MQ-9B SeaGuardian. In a…
The French Defence Procurement Agency (DGA) has awarded the third phase of the Naval Force IP Network (RIFAN 3) contract…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2024. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2025 GBP all rights reserved.