Low Cost & Regional

Akasa Air orders additional 150 737 MAX jets

photo_camera South East Asia is a growing market for airlines, with a market for 2,700 mainly single aisle jets over the next 20 years forcast

India-based Akasa Air has placed a follow-on 737 MAX order, confirming 150 more fuel-efficient jets in its order book. The purchase of 737-10 aeroplanes and additional 737-8-200 jets by the all-737 operator was revealed at the Wings India 2024 air show. The airline already had 76 aircraft on order

Since launching operations in 2022, the airline has captured approximately 4% of India’s domestic market, currently serving 18 destinations with a fleet of 22 737 MAX jets. However, recent changes in India’s LCC market have given the airline an opportunity to expand on new routes.

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“We are excited to announce this historic order for 150 new Boeing airplanes, increasing our total orders from Boeing to 226 jets. In addition to supporting our rapid domestic expansion, the efficiency and economics of these new airplanes position Akasa to launch international routes in the coming months,” said Vinay Dube, Akasa Air founder and CEO.

Both 737 MAX variants will provide Akasa Air with added capacity and range on new and existing routes, while reducing fuel use and carbon emissions by 20% compared to older-generation airplanes.

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“This milestone demonstrates the strength of our partnership with Akasa Air and is a testament to the capabilities of the 737 MAX family to further the airline’s operational priorities,” said Stephanie Pope, Boeing Chief Operating Officer. “The efficiency and versatility of the 737-10 and 737-8-200 will support Akasa Air’s expansion to meet soaring demand for air travel in the region for many years to come.”

As Akasa Air looks to expand its network in India and South Asia, Boeing’s 2023 Commercial Market outlook forecasts delivery of 2,705 new commercial airplanes over the next 20 years for the region, of which nearly 90% will be single-aisle jets.

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