Akasa Air is set to finalise a deal of around 150 Boeing 737 MAX narrowbody planes, reported Reuters citing sources on Tuesday.
The company executives are currently negotiating to strike a favourable deal. The official announcement about the purchase is likely to be made at Wings India, the country’s largest civil aviation event scheduled for January 18-21, reported the news agency citing two sources familiar with the matter.
The new order for around 150 planes is likely to include some future purchasing options, according to the news agency.
Responding to the request to comment on the news, an Akasa spokesperson said that the airline doesn’t comment on speculation. The sources requested to maintain anonymity as the deal is yet to be finalised and the plane order details are confidential.
The airline currently operates on domestic routes with a fleet of around two dozen planes. The company faced a huge setback last year when the abrupt departure of about a tenth of its pilots impacted its flight operations.
The new plane order is aimed at boosting Akasa’s domestic and international expansion, reported the news agency citing sources. The new order will also enable the airline to begin operations on foreign destinations like Southeast Asia and the Middle East from India.