New Indian carrier Akasa Air, a brand of SNV Aviation, on Tuesday said it placed a $9 billion order for 72 737 MAX jets from Boeing Co. . Akasa Air plans to launch commercial flights in the summer of 2022 with its fleet of 737s, “to meet the growing demand across India,” the company said. Shares of Boeing rose 0.3% in pre-market trades. SNV Aviation is backed by Indian billionaire Rakesh Jhunjhunwala.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
