Aviation Ministry Gives Nod to Rakesh Jhunjhunwala-backed Akasa Air to Operate in India


Akasa Air is backed by ace investor Rakesh Jhunjhunwala.

The new airline goals to start out operations by the summer season of 2022, the holding firm, SNV Aviation Private Limited, stated.

  • PTI New Delhi
  • Last Updated:October 11, 2021, 20:16 IST
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The Ministry of Civil Aviation has given a no-objection certificates (NOC) for the operation of Rakesh Jhunjhunwala-backed new airline ‘Akasa Air’ in India, an organization assertion stated on Monday. The new airline goals to start out operations by the summer season of 2022, the holding firm, SNV Aviation Private Limited, stated.

Akasa Air is backed by ace investor Rakesh Jhunjhunwala and ex-Jet Airways CEO Vinay Dube. We are extraordinarily completely happy and grateful to the Ministry of Civil Aviation for his or her help and for the grant of the NOC,” Dube, who’s now the CEO of Akasa Air, was quoted as saying within the assertion. “We will proceed to work with the regulatory authorities on all further compliances required to efficiently launch Akasa Air,” he added.

ALSO READ: A Stormy Flight Path for Rakesh Jhunjhunwala’s Akasa within the Turbulent Aviation Industry

Akasa Air additionally has former IndiGo president Aditya Ghosh on its board. The airline plans to function roughly 70 planes within the subsequent 4 years.

Airbus is in dialog with Akasa for an plane procurement deal, Airbus’ Chief Commercial Officer Christian Scherer advised .

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