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Akasa Air, backed by billionaire Rakesh Jhunjhunwala, has said it has received initial clearance from the civil aviation ministry to launch the country's latest ultra-low-cost carrier and expects ...
Akasa Air, a brand of SNV Aviation Private Limited, is an Indian low-cost airline headquartered in Mumbai, Maharashtra, India. It was founded by Vinay Dube and Aditya Ghosh with investor Rakesh Jhunjhunwala holding a 46% stake in the airline.. The airline began commercial operation with its first flight service from Mumbai to Ahmedabad on 7 August 2022, after receiving its first Boeing 737 MAX 8 aircraft. The CEO of the airline, Vinay Dube, stated that the airline will have a fleet size of ...
Oct 12, 2021 · Rakesh Jhunjhunwala’s Low-Cost Akasa Airline Launch Date: Stock market investor Rakesh Jhunjhunwala-backed aviation venture SNV Aviation, which is planning an airline under the Akasa brand, has received a no-objection certificate from the Ministry of Civil Aviation.The airline, which is planning to operate as a low-cost carrier or an ultra low-cost carrier, expects to launch services by the summer of next year.
Jul 28, 2021 · Billionaire investor Rakesh Jhunjhunwala is planning on having 70 aircraft within four years for a new airline he wants to set up in India on optimism more people will travel by air.. Jhunjhunwala ...
Rakesh Jhunjhunwala died on Sunday morning in Mumbai. He was 62. ... Akasa Air will honour Mr. Jhunjhunwala’s legacy, values and belief in us by striving to run a great airline,” it read.
Aug 1, 2021 · Akasa is an upcoming “ultra low-cost carrier”, or ULCC, being launched by stock market investor Rakesh Jhunjhunwala, who will hold a 40% stake in the airline company. Jhunjhunwala has reportedly planned to launch the airline by April 2022, and has onboarded aviation industry veterans such as former Jet Airways CEO Vinay Dube and ex-IndiGo President Aditya Ghosh to run the airline.
Rakesh Jhunjhunwala death: The veteran investor was one of the co-founders of Akasa Air, India's newest budget airline. Billionaire investor Rakesh Jhunjhunwala died on Sunday morning at 62 in Mumbai.
Mar 25, 2022 · The airline is backed by billionaire Rakesh Jhunjhunwala, known as "India's Warren Buffett", who has teamed up with former chief executives of IndiGo and Jet Airways to tap into rising long-term ...
Jul 7, 2022 · ALSO READ| Rakesh Jhunjhunwala's Akasa Air to have airline code 'QP' OPERATIONS TO START BY JULY END. Commenting on the significant milestone, Vinay Dube, Founder and Chief Executive Officer, Akasa Air said “We are extremely thankful to the Ministry of Civil Aviation and the DGCA for their constructive guidance, active support and the highest levels of efficiency throughout the AOC process. We now look forward to opening our flights for sale, leading to the start of commercial operations ...
