Rakesh Jhunjhunwala orders 72 planes to Global Aerospace, may start flying next year

New Delhi. Indian stock market’s veteran investor Rakesh Jhunjhunwala has made a big flight in the sky. Actually, they are going to start their new and cheap airline soon. For this, he has ordered 72 MAX 737 airplanes to the global aerospace company Boeing. Let us inform that SNV Aviation Private Limited will fly the brand name Akasa Air.

A joint statement by low-cost airline Akasa Air and plane maker Boeing said that the 72 aircraft under this deal are worth about $ 9 billion. Akasa Air’s order includes two variants of the 737 MAX family, the 737-8 and the high-capacity 737-8-200.

It is believed that this big order from Rakesh Jhunjhunwala’s Akasa Air can help the American plane maker to re-enter one of the world’s most promising markets. Vinay Dubey, CEO, Akasa Air, said, “We are extremely pleased and excited to partner with Boeing for our first airplane order. We thank them for their reliance on Akasa Air’s business plan and leadership team.


Giving information about the order of the aircraft, Vinay Dubey, CEO of the airline said that our aim is to run a cheap airline, which will be fulfilled by getting a better aircraft (737-Max) at a lower cost. Apart from this, the Boeing 737 MAX plane is also environmentally friendly.

The CEO of Akasa Air says that India is one of the fastest growing aviation markets in the world. With the potential for rapid growth in the air travel sector in India, Akasa Air aims to provide affordable air services to the people.


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