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https://www.yahoo.com/news/ultra-low-cost-indian-airline-053...Akasa Air, an ultra-low-cost Indian carrier, placed a $9 billion order for 72 Boeing 737 MAX Jets last week.The airline could potentially lift up the entire Indian aviation segment, industry analysts say.The Indian aviation market is nascent, price-sensitive, under penetrated, and heavily regulated.Unlike airlines that ground their fleets in capital Delhi or financial hub Mumbai, Akasa's fleet stands to be mostly based in the Indian tech capital of Bangalore. While Akasa's exact routes have not yet been announced, they are expected to reach less-travelled destinations at less expensive fares.
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