In November 2021, Akasa Air had ordered 72 Max aircraft from Boeing.
Akasa Air CEO Vinay Dube told Reuters earlier this year that it would place a "substantially" large order for new narrowbody jets this year
The US planemaker is working to finalize negotiations as soon as this week at the Paris Air Show, the people said, asking not to be identified as the discussions are confidential
To raise the money, Akasa Air has approached potential investors which include PE firms and high-net-worth individuals
India is one of the world's fastest-growing aviation markets, and domestic air traffic is recovering strongly after the coronavirus pandemic
The massive aircraft deals announced this year are testament to the optimism about a post-pandemic rebound
The eastern metropolis is the airline's 17th destination and the second in West Bengal after Bagdogra
According to a release, Akasa Air has inaugurated the second phase of the Akasa Air Learning Academy (AALA) in Gurugram
Load factor of market leader IndiGo shows second biggest rise
Akasa Air began operations last August and has 19 737 Max planes in its fleet
Boeing has clarified that the planes already in service will not have an impact since this is not an immediate flight safety issue
The domestic airlines carried a total of 37.5 million passengers between January-March 2023 as compared to 24.7 million passengers during the corresponding period in the last year
The two carriers' load factors are in direct contrast to their on-time performance. Akasa Air was at the top, SpiceJet was at the bottom in March OTP chart, shows data from aviation Ministry
AirAsia India and Air India had the -lowest and third-lowest OTPs among 7 major carriers
The first four MAX 8s were delivered between December 2022 and March 2023, the fifth is scheduled for delivery in the second quarter of calendar 2023
Akasa Air, which started operations on August 7 last year, had 19 Boeing 737MAX8 in the fleet as of March 25, according to an aircraft fleet tracking website
To offer seamless connectivity to the passengers flying out of Chaudhary Charan Singh International Airport (CCSIA) here, Akasa Air on Sunday launched two flights to Goa and Ahmedabad
In an interview with PTI, Dube said the airline is in its early stages, but "if someone has got 19 aircraft, is that a startup or is that not a startup?"
It has placed an order for 72 Boeing 737 Max aircraft, and 19 of them are already in its fleet. The 20th aircraft will be inducted in April, following which it will also be eligible to fly overseas
The airline is already considering placing another aircraft order