Business

Akasa Air Orders 72 Fuel-Efficient 737 MAX Airplanes to Launch Service in Fast-Growing Indian Market

– New Indian carrier’s order valued at nearly $9 billion, includes 737-8 and high-capacity 737-8-200

DUBAI, United Arab Emirates, Nov. 16, 2021 /PRNewswire/ — Boeing [NYSE:BA] and Akasa Air, a brand of SNV Aviation, today announced the new Indian carrier has ordered (72) 737 MAX airplanes to build its fleet. Valued at nearly $9 billion at list prices, the order is a key endorsement of the 737 family’s capability to serve the rapidly growing Indian market.

At the 2021 Dubai Airshow, Akasa Air CEO Vinay Dube said, “We are delighted to partner with Boeing for our first airplane order and thank them for their trust and confidence in Akasa Air’s business plan and leadership team. We believe that the new 737 MAX airplane will support our aim of running not just a cost-efficient, reliable and affordable airline, but also an environmentally friendly company with the youngest and greenest fleet in the Indian skies.”

Dube added, “India is one of the fastest-growing aviation markets in the world with an unparalleled potential. We are already witnessing a strong recovery in air travel, and we see decades of growth ahead of us. Akasa Air’s core purpose is to help power India’s growth engine and democratize air travel by creating an inclusive environment for all Indians regardless of their socio-economic or cultural backgrounds.”

Akasa Air’s order includes two variants from the 737 MAX family, the 737-8 and the high-capacity 737-8-200. Providing the lowest seat-mile costs for a single-aisle airplane as well as high dispatch reliability and an enhanced passenger experience, the 737 MAX will ensure Akasa Air has a competitive edge in its dynamic home market.

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“We are honored that Akasa Air, an innovative airline focused on customer experience and environmental sustainability, has placed its trust in the 737 family to drive affordable passenger service in one of the world’s fastest-growing aviation regions,” said Stan Deal, Boeing Commercial Airplanes president and CEO. “The 737 MAX, with its optimized performance, flexibility and capability, is the perfect airplane to establish Akasa Air in the Indian market and ensure it effectively grows its network.”

The Boeing 777X will make its debut at the Dubai Airshow 2021.

The 737 MAX family delivers superior efficiency, flexibility and reliability while reducing fuel use and carbon emissions by at least 14% compared to airplanes it replaces. India’s growing economy and expanding middle class will fuel strong demand for commercial flights, driving the need for more than 2,200 new airplanes in South Asia valued at nearly $320 billion over the next 20 years, according to Boeing’s 2021 Commercial Market Outlook forecast.

Boeing Delivers First 737 MAX to Jet Airways

Business

Lunar and SAS partner to launch Scandinavia’s first debit card with EuroBonus points

SAS and Lunar, two Scandinavian corporations, have forged a new alliance. Today, they are introducing the first debit card in Scandinavia that lets you earn EuroBonus points.

Users earn EuroBonus points on everyday purchases

On everyday transactions made without using credit, such as grocery store trips, morning coffee, and summertime activities. In this new collaboration, two recognisable Scandinavian businesses combine digital innovation with a strong Scandinavian tradition.

Scandinavians now have access to the first debit card in the country, where users can earn EuroBonus points on everyday purchases, thanks to the combination of Lunar’s cutting-edge and user-friendly banking app and SAS’ well-liked EuroBonus programme.

The new debit card is available to all EuroBonus members as well as Lunar users in Scandinavia. If you are not a EuroBonus member you can easily sign up via flysas.com to unlock a world of benefits and gain access to everything from SAS flights to hotel stays, upgrades and different quality products in the SAS EuroBonus shop. If you are not a Lunar user, you can sign up within minutes through the Lunar app – perhaps while waiting to board your next flight.

New Lunar users receive up to 6,000 welcome points.

The debit card is available both as a physical and a digital card, allowing users to use it whenever and wherever it suits them best. For every 100 DKK spent on the debit card, users earn 8 EuroBonus points. New Lunar users receive 3,000 welcome points, and the first 10,000 users get 6,000 points.

The card can be ordered via Lunar’s banking app from June 18, 2024.

About Lunar

Lunar is a digital challenger bank that makes it easy for businesses and individuals to manage their finances by building the best Nordic everyday bank. Founded in Aarhus, Lunar today employs 450 people across the Nordics. In 2019, Lunar received a banking license and is now one of the few banks with a Nordic banking platform. Lunar currently has over 900,000 private and business customers in the Nordics. www.lunar.dk

About SAS

SAS, Scandinavia’s leading airline, with main hubs in Copenhagen, Oslo and Stockholm, flies to destinations in Europe, USA and Asia. Spurred by a Scandinavian heritage and sustainability values, SAS aims to be the driving force in sustainable aviation and in the transition toward net zero emissions. We are continuously reducing our carbon emissions through using more sustainable aviation fuel, investing in new fuel-efficient aircraft and technology innovation together with partners – thereby contributing towards the industry target of net zero CO2 emissions by 2050. In addition to flight operations, SAS offers ground handling services, technical maintenance and air cargo services. www.sasgroup.net