Akasa Air has ordered 150 more Boeing 737 Max Aircraft and is planning to use the aircraft to start new routes in domestic and international markets. Earlier, the airline had placed an order of 76 Boeing 737 Max planes, out of which 22 planes are delivered.
The order also comes at a time when, incidents of Boeing 737 Max Aircraft with loose hardware are reported.
The airline which is backed by the family of ace broker Rakesh Jhunjhunwala is gearing up to launch its international operations as it has become eligible for the same, and is planning to start flights to Doha and Riyadh by this year.
As per Indian regulations an airline must have at least 20 aircraft in their fleet to be eligible for international flights.
Since it started flying in 2022, Akasa Air has garnered a market share of 4% as against Indigo's 60% and Tata Group airlines' combined 26%. Late last year, the airline faced issues as pilots quit without serving notice period. This forced Akasa Air to cut flights and saw its market share drop by 1%.
However, its CEO Vinay Dubey has assured that they have hired enough pilots since then and have built up a strong bench strength.