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Boeing set to dent Airbus' India dominance with 737 Max order from Akasa

The Rakesh Jhunjhunwala-backed airline has held discussions with Airbus, but Boeing jets could be delivered earlier, with the first batch of 10 coming in the first half of next year

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Boeing shares jumped as much as 2.7% before the start of regular trading Thursday in New York. At 8:55 a.m., they were up 1.1% to $220.80 from Wednesday’s closing price

Anurag Kotoky and Siddharth Philip | Bloomberg
Boeing Co. may win a crucial deal as early as this weekend for some 70 to 80 737 Max jets from an Indian startup airline, according to people familiar with the matter, denting Airbus SE’s dominance in what was until recently the world’s fastest-growing aviation market.
 
Akasa, a Mumbai-based carrier backed by billionaire investor Rakesh Jhunjhunwala, was earlier reported by Bloomberg News to be in talks with Boeing about the planes. A deal could be announced during the Dubai Airshow, which kicks off Nov. 14, some of the people said.
 
An agreement of that size to take the most popular