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Order win▼ Bearish for Boeing
Akasa Air in talks to order more than 200 Boeing 737 MAX jets
The brief
- Akasa currently operates 43 Boeing 737 MAX jets and has 226 more on order
- A decision on the proposed order is expected early next year
- A larger rival fleet could intensify competition for IndiGo in India’s airline market
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| INDIGO | Fri, 25 Sept | +1.0% | +0.7% | 0.6× | +1.0% · Nifty +0.3% |
✗ Classifier read this as negative; INDIGO rose 0.7% against the Nifty on the day it traded.