DUBAI, United Arab Emirates,
Nov. 16, 2021 /PRNewswire/ -- Boeing
[NYSE:BA] and Akasa Air, a brand of SNV Aviation, today announced
the new Indian carrier has ordered (72) 737 MAX airplanes to build
its fleet. Valued at nearly $9
billion at list prices, the order is a key endorsement of
the 737 family's capability to serve the rapidly growing Indian
market.
At the 2021 Dubai Airshow, Akasa Air CEO Vinay Dube said, "We are delighted to partner
with Boeing for our first airplane order and thank them for their
trust and confidence in Akasa Air's business plan and leadership
team. 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."
Dube added, "India is one of
the fastest-growing aviation markets in the world with an
unparalleled potential. We are already witnessing a strong recovery
in air travel, and we see decades of growth ahead of us. Akasa
Air's core purpose is to help power India's growth engine and democratize air
travel by creating an inclusive environment for all Indians
regardless of their socio-economic or cultural backgrounds."
Akasa Air's order includes two variants from the 737 MAX family,
the 737-8 and the high-capacity 737-8-200. Providing the lowest
seat-mile costs for a single-aisle airplane as well as high
dispatch reliability and an enhanced passenger experience, the 737
MAX will ensure Akasa Air has a competitive edge in its dynamic
home market.
"We are honored that Akasa Air, an innovative airline focused on
customer experience and environmental sustainability, has placed
its trust in the 737 family to drive affordable passenger service
in one of the world's fastest-growing aviation regions," said
Stan Deal, Boeing Commercial
Airplanes president and CEO. "The 737 MAX, with its optimized
performance, flexibility and capability, is the perfect airplane to
establish Akasa Air in the Indian market and ensure it effectively
grows its network."
The 737 MAX family delivers superior efficiency, flexibility and
reliability while reducing fuel use and carbon emissions by at
least 14% compared to airplanes it replaces. India's growing economy and expanding middle
class will fuel strong demand for commercial flights, driving the
need for more than 2,200 new airplanes in South Asia valued at nearly $320 billion over the next 20 years, according to
Boeing's 2021 Commercial Market Outlook forecast.
About Akasa Air
Akasa Air will be the most dependable airline in India, offering efficient customer service,
reliable operations, and affordable fares - all in the Akasa Way.
Akasa Air's empathetic and youthful personality, employee-friendly
culture, customer-service philosophy, and a tech-led approach will
make this commitment a reality for all Indians. The carrier
plans to offer commercial flights starting in the summer of 2022
and use its new fleet of 737s to meet the growing demand across
India.
Boeing in India
As a leading global aerospace company, Boeing develops,
manufactures and services commercial airplanes, defense products
and space systems for customers in more than 150 countries.
Boeing's advanced aircraft and services play an important role in
mission-readiness for the Indian Air Force and Indian Navy. Boeing
is focused on delivering value to Indian customers with advanced
technologies and is committed to creating sustainable value in the
Indian aerospace sector – developing local suppliers, and shaping
academic and research collaborations with Indian institutions.
Boeing has strengthened its supply chain with more than 275
partners in India and a joint
venture to manufacture fuselages for Apache helicopters and
vertical fin structures for the 737 family of airplanes. Annual
sourcing from India stands at
approximately $1 billion. Boeing
currently employs 3,000 people in India, and more than 7,000 people work with
its supply chain partners. Boeing's employee efforts and
India country-wide engagement
serves communities and citizenship programs to inspire change and
make an impact on more than 300,000 lives. Learn more at
www.boeing.co.in
Contact
Zoe Leong
Boeing Communications
M: +65 9658 3630
zoe.leong@boeing.com
Swetha Mahesh
Boeing India Communications
M: +91 78381 68402
swetha.mahesh@boeing.com
Akasa Air Corporate Communications
media@akasaair.com
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SOURCE Boeing