Akasa Air’s Extensive Fleet Expansion: Secures 150 Boeing 737 Max planes deal- First Indian airline to book order of over 200 aircrafts!

India’s budget carrier Akasa Air has placed a mega deal for 150 Boeing 737 Max planes as the airline looks to expand its domestic and international footprints.

Boeing and Akasa Air revealed the deal at the Wings India 2024 air show that the Indian carrier has added 150 more fuel-efficient jets to its order book, including 737-10 airplanes and additional 737-8-200 jets, marking a follow-on 737 MAX order.

“First Indian airline to reach a firm order book of 200+ aircraft within 17 months of operations The first major aircraft order announced at an airshow in India Reaffirms airline’s strong growth trajectory and financial stability,” the Akasa mentioned in a communique. 

The latest order, comprising 737 MAX 10 and 737 MAX 8-200 jets, will provide the airline with a steady aircraft delivery stream through 2032, cementing the company’s domestic and international expansion plans.

Notably, the new deal takes the airline’s order book to an impressive total of 226 aircraft. Akasa Air currently operates a fleet of 22 aircraft and will receive deliveries of a total of 204 aircraft over eight years,” Airline said in a statement.

Akasa’s growing aviation expansion 

In 2021, Akasa Air placed its initial order of 72 Boeing 737 Max aircraft and it was followed up with an order of 4 Boeing 737 Max 8 aircraft in June 2023.

Leveraging the 737 MAX family, the airline now plans to expand its domestic and international network in the coming years. Since its inception in 2022, the airline has secured around 4% of India’s domestic market share, operating flights to 18 destinations with a fleet comprising 22, 737 MAX jets.

With this collaboration, Akasa Air becomes India’s only airline to reach an order book of over 200 aircraft within 17 months of commencing operations. 

This large and historic aircraft order puts the airline on a path of becoming one of the top 30 leading airlines in the world, by the turn of this decade, Akasa Air Founder and CEO Vinay Dube said. 

“These additions to our fleet will help us bolster the strength of our operations as we expand our footprint and foray into international skies in the very near future,” he added.

It is important to note that Akasa Air’s international operations are also on the cards and the airline could announce the flights for foreign destinations soon.