Search results
As of February 2024, the new airline has 24 aircraft and flies to 19 cities. Rakesh had increased his stake in the airline to 46% becoming the largest stakeholder in the company prior to his death. His final appearance was at the inaugural event of Akasa Air and he later flew on the airline's first flight between Mumbai and Ahmedabad on 7 August.
The airline is a brand of SNV Aviation Private Limited. In July 2021, the Indian billionaire trader, Rakesh Jhunjhunwala, invested US$35 million for a 40% stake in the carrier. Aditya Ghosh owns 10% of the airline, while Vinay Dube owns 31% of it. Rakesh later increased his investment in the airline to 46%.
Book flights online and enjoy affordable fares, warm service and reliable operations to Akasa Air's growing network of destinations.
People also ask
Who is Rakesh Jhunjhunwala?
Should Rakesh Jhunjhunwala invest $35 million to launch 70 aircraft?
Who is Rakesh Jhunjhunwala backed Akasa?
Will Jhunjhunwala launch a new airline in 2022?
Rakesh Jhunjhunwala’s legacy grew richer with Akasa Air, India’s newest airline - Hindustan Times. By Swati Bhasin. Aug 14, 2022 12:53 PM IST. Read this news in brief form. Rakesh...
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.
- Pranav Mukul
- 153
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 ...
Investor and billionaire Rakesh Jhunjhunwala is considering investing $35 million to launch 70 aircraft within the next four years, as a part of his ultra-low-cost airline Akasa Air,...
