Business

Boeing might win an order to supply jets for Rakesh Jhunjhunwala's Akasa AirBoeing Co may win an order as early as this weekend for about 70 to 80 737 MAX jets from billionaire Rakesh Jhunjhunwala's start-up Akasa Air, Bloomberg News reported on Thursday, mentioning individuals knowledgeable about the matter.A deal might be announced throughout the Dubai Airshow, which begins on Nov.
14, the report said.News of the possible order follows Indian authorities in August cleared Boeing's very popular jet to fly, ending its regulatory grounding in an essential travel market for aircraft makers.Reuters had actually reported in September that Boeing was close to winning an order for some 70 to 100 737 MAX jets from Akasa, pending separate talks on a long-term engine service deal.Akasa is set to introduce the nation's newest ultra-low expense provider after securing preliminary clearance from India's civil aviation ministry last month.Boeing shares were up 1.1 per cent in afternoon trading.
We always look for chances and talk with existing and prospective customers about how we can best support their fleet and functional needs, Boeing stated in a statement.Akasa did not react to an ask for remark.





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