Today, Boeing Co (NYSE:BA) announced two separate fleet order deals at the Paris Air Show 2023. The financial terms were not disclosed.

Boeing received an order for four additional 737-8 jets from Akasa Air, the low-cost airline operator in India. 

Akasa Air, which launched operations in 2022, started its operations with Boeing's 737-8 jet and aimed to support its international growth plans with the fleet buyout.  

With the new order, Akasa Air's order book contains 76 jets that include 23 737-8s and 53 high-capacity 737-8-200 jets.

"This follow-on order by Akasa demonstrates the market-leading capabilities of the 737 MAX in the world's fastest-growing commercial aviation market. The efficiency and range of the 737-8 support Akasa Air's plan to expand domestic and regional networks," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing.

Air Lease is a long-standing customer of Boeing, with its portfolio currently including the 787-9 and 787-10 jets.

Price Action: BA shares are trading higher by 0.46% at $213.34 premarket on the last check Wednesday.