Rakesh Jhunjhunwala’s Akasa Air orders 72 Boeing 737 Max planes

American plane maker Boeing and Akasa Air, India’s newest Indian airline-to-be Tuesday announced the carrier has ordered 72 737 MAX airplanes.

ET had on July 28 reported the airline, majority owned by ace investor Rakesh Jhunjhunwala, would order about 70 Boeing planes.

The order is valued at nearly $9 billion at list prices.

“We believe that the new 737 MAX airplane will support our aim of running not just a cost-efficient, reliable and affordable airline, but also an environmentally friendly company with the youngest and greenest fleet in the Indian skies,” said CEO Vinay Dube.

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