News > Rakesh Jhunjhunwala Airline's $9 Billion Order For Boeing 737s

Rakesh Jhunjhunwala Airline's $9 Billion Order For Boeing 737s

Akasa Air on Tuesday placed an order for 72 Boeing 737 MAX jets, valued at nearly $9 billion at list prices - a deal that could help the US planemaker regain lost ground in one of the world's most promising markets.

Mr Jhunjhunwala, known as "India's Warren Buffett", has teamed up with former chief executives of IndiGo, the country's biggest carrier, and Jet Airways to tap into demand for domestic air travel.