Akasa Air and CFM International have announced an agreement to purchase over 300 CFM LEAP-1B engines to power 150 Boeing 737 MAX aeroplanes. At list prices, the deal is valued at over $5 billion. The agreement also includes spare engines and a services contract. The announcement was made in conjunction with French President Emmanuel Macron’s India visit. Akasa Air launched its operations in August 2022. At the recent Wings India event, it announced the purchase of 150 737 Max 8 aircraft. Currently, it operates 22 737 Max 8 which are part of its original order of 76 aircraft. Akasa Air CEO Vinay Dube said that with CFM as a long-term engine maintenance provider, it remains confident in its path to becoming one of the top 30 leading airlines in the world by the turn of this decade, as per a report.
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