Akasa Air welcomes arrival of first Boeing 737 MAX aircraft in Delhi

23 Jun 2022 CW Team

Ace investor Rakesh Jhunjhunwala-backed Akasa Air welcomed the arrival of the first 72 Boeing 737 MAX aircraft at Indira Gandhi International Airport in Delhi today.

The first aircraft delivery brings the Jhunjhunwala-backed airline closer to getting an air operator’s permit (AOP). AOP is a compulsory need for an airline before launching commercial operations, as per the official release..

Founder, CEO, and MD of Akasa Air Vinay Dube said the arrival of the first aircraft is a very pleasant moment for all of us and marks a significant milestone, bringing us closer to our vision of creating India’s greenest, most dependable, and most affordable airline..

Boeing India president Sahil Gupte said India is one of the fastest-growing economies globally and presents enormous growth and productivity opportunities for the aviation sector. The company is thrilled that the advanced 737 MAX will support Akasa Air drive efficiencies in business and operations while delivering its customers a superior flying experience..

Last week, the airline accepted delivery of its first 737 MAX aircraft from Boeing in Seattle, US. This was the first of the 72 aircraft that the firm would take under its wing. Initial delivery, including 18 aircraft, is likely to materialise by March 2023, whereas the remaining 54 will be supplied over the next four years..

Rakesh Jhunjhunwala-backed aviation experts Vinay Dube and Aditya Ghosh, Akasa Air, are preparing to present commercial flights from the summer of 2022 to help growing air travel demand across India..

Image Source.

Also read: At least 8-9 airports to be leased shortly in next round: Scindia

Infrastructure Urban

07 Oct 2025

Greta Minerals Doubles WA Exploration Land, Targets Lithium Supply for India

Greta Minerals Pte, part of Singapore-based Greta Group, has expanded its exploration footprint in Western Australia to 1,550 sq km, up from 700 sq km acquired in 2024.Nitesh Chaudhari, Chairman of Greta Group, said, “We are very happy to expand our landholding, encouraged by initial results from Ultrafine+ soil sampling at Gecko North. The geological corridor appears promising for lithium, gold, and other critical minerals.”The Gecko North Project, 25 km northwest of Coolgardie, is one of seven critical mineral and gold projects under Greta Minerals (Australia) Pty, which now holds 37 gra..

Vedanta Extends Demerger Deadline to March 2026 Amid Pending Approvals

Vedanta, led by Anil Agarwal, has extended the deadline for its corporate demerger to March 31, 2026, as approvals from the National Company Law Tribunal (NCLT) and relevant government authorities are still pending, the company said in a regulatory filing. The deadline had earlier been extended from March 31, 2025, to September 30, 2025.The board stated, “Given that the conditions precedent in the Scheme, including NCLT approval and approvals from certain government authorities, are still in process, the timeline for fulfilment of these conditions has been extended to March 31, 2026.” The ..

MOIL Achieves Record September Production and Strong Q2 Performance

MOIL posted its best-ever September production of 1.52 lakh tonnes, up 3.8 per cent from the same period last year, reflecting robust operational performance. Exploratory core drilling also surged to 5,314 metre, a 46 per cent increase, highlighting the company’s focus on expanding its resource base.For Q2 FY26 (July–September 2025), MOIL achieved record quarterly production of 4.42 lakh tonnes, up 10.3 per cent year-on-year, and sales of 3.53 lakh tonne, growing 18.6 per cent over the same quarter last year. Exploratory drilling for the quarter reached 21,035 metre, marking a 4.1 per cent..