Air India Orders 30 Boeing 737 MAX Jets Amid Broader Market Pressure
Boeing secured a significant order for 30 737 MAX aircraft from Air India, comprising 20 737-8 and 10 737-10 variants. This deal elevates Air India's total Boeing order book to nearly 200 planes, signaling robust demand in India's rapidly expanding aviation market.
The transaction reflects strategic fleet expansion rather than a one-off purchase, with deliveries poised to support domestic and regional route growth. India and South Asia are projected to require 3,300 new aircraft over the next two decades.
Despite the bullish industry outlook, Boeing's stock dipped 2.36% to $235.89 amid broader market headwinds. The aviation giant continues to leverage its single-aisle portfolio to capture growth in emerging markets.