Tag: India aviation market

Boeing 737 MAX
New Indian Startup Carrier May Purchase up to100 Boeing 737 MAXs

Reading Time: 2 minutes The new Indian startup airline, Akasa, backed by billionaire investor Rakesh Jhunjhunwala, is in advanced discussions with Boeing Co. to purchase up to 100 Boeing 737 MAX  jets, according to people familiar with the matte, informs Bloomberg. The deal could give the U.S. plane manufacturer a crucial breakthrough in a major market dominated by Airbus […]

Domestic Fare Cap Extended by the Indian Aviation Minister

Reading Time: < 1 minute Price capping on domestic flights extended by India’s Civil Aviation Ministry for another 3 Months. India’s Civil Aviation Minister, Hardeep Singh Puri, informed that domestic fare caps will remain in place until February 2021. The government also mentioned that the fare caps could be removed if passenger levels reach pre-COVID levels before February. The ministry […]

Boeing, Airbus Eye Indian Growth Amid Fears of Global Slowdown

Reading Time: 2 minutes Boeing and Airbus expect Indian airlines to order up to 1,740 jets over the next 20 years, as aircraft manufacturers eye one of the world’s fastest-growing aviation markets to offset any weaker sales elsewhere. Boeing said on Thursday falling fuel prices, increasing numbers of Indians wealthy enough to travel by air and improved airport infrastructure […]