Boeing Expansion Continues with New Orders
November 17 2021 - 07:39AM
TipRanks
Boeing (BA) revealed that Akasa Air, a new Indian carrier and
a brand of SNV Aviation, has ordered 72
fuel-efficient 737 MAX airplanes to build its fleet. The deal
is valued at about $9 billion at list prices. At the 2021
Dubai Airshow, the CEO of Akasa Air, Vinay Dube, said, "We believe
that the new 737 MAX airplane will support our aim of running not
just a cost-efficient, reliable and affordable airline, but also an
environmentally friendly company with the youngest and greenest
fleet in the Indian skies." Shares of the aviation,
aerospace, and defense technology company declined 3.1% at the
close on Tuesday.
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