Boeing Might Bag Order To Provide Jets For Rakesh Jhunjhunwala's Akasa Air

INSUBCONTINENT EXCLUSIVE:
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.