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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.
Book flights online and enjoy affordable fares, warm service and reliable operations to Akasa Air's growing network of destinations.
In July 2021, he invested in Akasa Air, a low-cost airline in India, investing US$400 million for a 40% stake in the airline. 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.
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But his most recent contribution to India’s growth story was Akasa Air, the country’s youngest budget airline. Rakesh Jhunjhunwala seen in a file photo. His death - just days after Akasa Air...
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
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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 ...
Nov 17, 2021 · Billionaire investor Rakesh Jhunjhunwala-backed Akasa Air had placed an order for 72 Boeing 737 MAX jets on Tuesday, valued at nearly $9 billion at list prices. Akasa Air’s order includes two variants from the 737 MAX family, including the 737-8 and the high-capacity 737-8-200.
