Announced Wed, 2 Sept, 2026 · 15:05 IST
Afcom signs LoI to buy up to 4 Boeing 777-8F freighter aircraft
Price
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Price reaction · full curve 14 horizons · vs prior close
+7.7%1-day move
₹1530.00
prior close
₹1580.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.8+1.8+1.7—+7.7+6.3+5.6+6.5+6.5+1.0-5.5-4.5——
Up moveDown movePending
AI summary
Afcom Holdings has executed a Letter of Intent with The Boeing Company to acquire up to four Boeing 777-8F Freighter aircraft. The LOI is not a final purchase and is subject to signing of definitive purchase documents. The company will make further disclosures on material developments, including execution of any final purchase agreement.
Likely market impact
Signals major cargo fleet expansion plan. Still preliminary stage, so no immediate financial impact until definitive deal is signed.