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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.
Akasa Air is a new low-cost airline in India with a professional and agile business model. The web page introduces the founding team and the executive committee, but does not mention any owner or shareholder of the company.
Jul 13, 2023 · NEW DELHI : Akasa Air is a long-term investment for Rare Enterprises and the Rakesh Jhunjhunwala family, the airline’s founder and chief executive officer Vinay Dube said, pointing to the lengthy...
He ran a privately-owned stock trading firm called RARE Enterprises and recently founded India's newest airline Akasa Air which started its commercial operation earlier this month.
Aug 14, 2022 · Ace investor and founder of Akasa Air Rakesh Jhunjhunwala, today, died aged 62. He was admitted to Breach Candy hospital in Mumbai and was suffering from a disease for a long time. Recently...
Aug 14, 2022 · The late investor had put $35 million in the low-cost carrier for an over 40 per cent stake. His demise may affect Akasa's funding, expansion and competition with IndiGo, according to market observers.
Jul 22, 2022 · Rakesh Jhunjhunwala-owned Akasa Airlines has already received its flying permit from DGCA. The Air Operator Certificate (AOC) from the country’s aviation regulator will make it the eighth domestic airline, not counting regional airlines.
