Akasa Air buys engines worth $4.5 billion for new 737 Maxs

Nov 17, 2021, 5:11 AM | Updated: 6:24 am
An Indian Air Force Tejas fighter jet performs a stunt at the Dubai Air Show in Dubai, United Arab ...

An Indian Air Force Tejas fighter jet performs a stunt at the Dubai Air Show in Dubai, United Arab Emirates, Wednesday, Nov. 17, 2021. (AP Photo/Jon Gambrell)

(AP Photo/Jon Gambrell)

DUBAI, United Arab Emirates (AP) — India’s startup Akasa Air announced on Wednesday it had chosen CFM International’s LEAP-1B turbofan engines to power its newly bought Boeing 737 Max jets, a deal valued at some $4.5 billion.

The companies struck the agreement, which includes spare engines and long-term servicing, at the Dubai Air Show, the five-day trade expo underway in the United Arab Emirates’ commercial hub. Chicago-based aviation giant Boeing Co. scored its first major sale of the show on Tuesday, clinching a deal with Akasa Air, a new budget carrier backed by Indian billionaire Rakesh Jhunjhunwala, to sell 72 Maxs for some $9 billion.

The substantial deal gave a lift to the order book for the Max, which was grounded for nearly two years after two fatal crashes in Ethiopia and Indonesia. American regulators re-certified the plane for a return to service last year, and India lifted the ban just months ago.

The Dubai Air Show typically pits Boeing and its European rival Airbus against each other in the crucial Mideast market filled with long-haul carriers connecting East and West. Airbus has announced three multibillion-dollar sales this week — although that’s still a distant cry from the tens of billions of dollars in orders at previous shows before the global pandemic struck and ravaged the aviation industry.

Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and the country’s de facto ruler, was on hand at the Dubai convention center Wednesday, touring showcases of missile defense systems and Israel’s military-industrial behemoths, which are presenting for the first time after the countries normalized relations last year.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

FILE - Comedian Judy Tenuta arrives at the 2009 Fox Reality Channel Really Awards in Los Angeles on...
Associated Press

Judy Tenuta, brash ‘Goddess of Love’ comedian, dies at 65

LOS ANGELES (AP) — Judy Tenuta, a brash standup who cheekily styled herself as the “Goddess of Love” and toured with George Carlin as she built her career in the 1980s golden age of comedy, died Thursday. She was 65. Tenuta died Thursday afternoon at home in Los Angeles, with her family around her, publicist […]
17 hours ago
This combination photo shows Angelina Jolie at a premiere in Los Angeles on Sept. 30, 2019, left, a...
Associated Press

Lawyer: Pitt will keep responses to abuse account in court

LOS ANGELES (AP) — Brad Pitt’s lawyer said Thursday that he will continue to respond in court to allegations from ex-wife Angelina Jolie that he abused her and choked one of their children on a flight in 2016, saying he has taken responsibility for his actual actions but not aspects of her story that are […]
17 hours ago
Associated Press

Republican nominee pivots to crime in Kansas governor’s race

TOPEKA, Kan. (AP) — The Republican candidate for Kansas governor is pivoting from education to crime as a focus in the final weeks of the campaign, portraying the Democratic incumbent as anti-police because she created a commission on policing and racial justice in response to the state’s protests following the death of George Floyd in […]
17 hours ago
Jackson, Miss., Mayor Chokwe Antar Lumumba speaks at a Sept. 6, 2022, news conference, at City Hall...
Associated Press

Mississippi city with water woes also faces trash trouble

JACKSON, Miss. (AP) — Mississippi’s capital city is still grappling with a troubled water system, and it could soon see garbage piling up outside homes and businesses. Jackson Mayor Chokwe Antar Lumumba announced Thursday garbage collection will cease after Saturday unless the city starts paying a company that has been doing the work without compensation […]
17 hours ago
Associated Press

Cross country coaches on leave after sex assault allegations

HUNTINGTON, Ind. (AP) — A northeastern Indiana university placed its women’s cross country head coach and an assistant on leave Thursday after two former runners claimed in a federal lawsuit they were doped and sexually assaulted. Huntington University, a private, Christian liberal arts university, said it placed head coach Lauren Johnson and assistant coach Curtis […]
17 hours ago
FILE - Randal Worcester walks out of the Crawford County Justice Center in Van Buren, Ark., on Aug....
Associated Press

2 Arkansas deputies filmed in violent arrest fired from jobs

LITTLE ROCK, Ark. (AP) — Two Arkansas deputies who were caught on video violently arresting a suspect outside a convenience store in August have been fired, Crawford County Sheriff Jimmy Damante said Thursday. Damante told Fort Smith television station KHBS that deputies Levi White and Zachary King had been fired but did not elaborate on […]
17 hours ago

Sponsored Articles

...
Children’s Cancer Network

Children’s Cancer Network celebrates cancer-fighting superheroes, raises funds during September’s Childhood Cancer Awareness Month

Jace Hyduchak was like most other kids in his kindergarten class: He loved to play basketball, dress up like his favorite superheroes and jump as high as his pint-sized body would take him on his backyard trampoline.
...
Day & Night Air Conditioning, Heating and Plumbing

Here are 4 signs the HVAC unit needs to be replaced

Pool renovations and kitchen upgrades may seem enticing, but at the forefront of these investments arguably should be what residents use the most. In a state where summertime is sweltering, access to a functioning HVAC unit can be critical.
...
Day & Night Air Conditioning, Heating and Plumbing

Most plumbing problems can be fixed with regular maintenance

Instead of waiting for a problem to happen, experts suggest getting a head start on your plumbing maintenance.
Akasa Air buys engines worth $4.5 billion for new 737 Maxs