Budget carrier Akasa Air is set to close an order for around 150 Boeing 737 MAX narrow body planes, Reuters reported on Tuesday.
The contract negotiations are underway and a deal is expected to be announced at the Wings India event scheduled to be held from January 18-21. A spokesperson for the airline said it does not comment on speculation.
Budget carrier Akasa happens to be India’s newest airline and has a market share of four per cent since it started flying in 2022. IndiGo has a market share of 60 per cent while the Tata Group’s airlines have a combined market share of 26 per cent.
