Current:Home > InvestPoinbank:India’s newest airline orders 150 Boeing Max aircraft, in good news for plane maker -Streamline Finance
Poinbank:India’s newest airline orders 150 Boeing Max aircraft, in good news for plane maker
Ethermac Exchange View
Date:2025-04-07 10:52:26
HYDERABAD,Poinbank India (AP) — India’s newest airline will buy 150 Boeing 737 Max aircraft, in the first major announced sale for the manufacturer since a panel blew out of another Max model in midflight earlier this month, the airline announced Thursday.
Akasa Air CEO Vinay Dube announced the order of the Boeing 737 Max 10 and 737 Max 8-200 planes at an airshow in the southern Indian city of Hyderabad.
The airplanes will increase the airline’s total Boeing orders to 226, Dube said. It currently operates a fleet of 22 Boeing 737 Max 8 and Max 8-200 planes.
None of the planes is the same model as the Alaska Airlines Boeing 737 Max 9 on which a door plug blew out shortly after taking off on Jan. 5 from Portland, Oregon, leaving a hole in the fuselage. The cabin lost pressure and the plane was forced to descend rapidly and make an emergency landing. No serious injuries were reported.
Since launching operations in 2022, Akasa Air has captured about 4% of India’s domestic market, serving 18 destinations. It is looking to expand its network in India and South Asia.
“This milestone demonstrates the strength of our partnership with Akasa Air,” Boeing Chief Operating Officer Stephanie Pope said in a statement.
Boeing’s 2023 Commercial Market outlook forecasts the delivery of 2,705 new commercial airplanes over the next 20 years for the South Asian region, of which nearly 90% will be single-aisle jets.
Air India, IndiGo, SpiceJet, Vistara, Air India Express and Akasa Air are among India’s main airlines.
veryGood! (13)
Related
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- USA TODAY 301 NASCAR Cup Series race comes to New Hampshire Motor Speedway in June
- California evangelical seminary ponders changes that would make it more welcoming to LGBTQ students
- Hawaii governor signs housing legislation aimed at helping local residents stay in islands
- $73.5M beach replenishment project starts in January at Jersey Shore
- Hundreds mourn gang killings of a Haitian mission director and a young American couple
- Farmers must kill 4.2 million chickens after bird flu hits Iowa egg farm
- Deadliest year in a decade for executions worldwide; U.S. among top 5 countries
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- 7 people hospitalized, 1 unaccounted for after building explosion in Youngstown, Ohio
Ranking
- What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
- Planned Ross Stores distribution center in North Carolina to employ 850
- Dance Moms' Kelly Hyland Reveals Breast Cancer Diagnosis
- Brittany Cartwright Claps Back at Comments on Well-Being of Her and Jax Taylor's Son Cruz
- Golf's No. 1 Nelly Korda looking to regain her form – and her spot on the Olympic podium
- Kathie Lee Gifford Reveals Surprising Way Howard Stern Feud Ended
- 13 Reasons Why Star Dylan Minnette Reveals Why He Stepped Back From Acting
- British equestrian rider Georgie Campbell dies from fall while competing at event in U.K.
Recommendation
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
RHOC's Heather Dubrow Teases Shannon Beador, Alexis Bellino, John Janssen Love Triangle Drama
Negro Leagues' statistics will be incorporated into Major League Baseball’s historical records on Wednesday
Judge nixes bid to restrict Trump statements that could endanger officers in classified records case
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
California evangelical seminary ponders changes that would make it more welcoming to LGBTQ students
As federal parent PLUS loan interest rate soars, why it may be time to go private
What we know about the young missionaries and religious leader killed in Haiti