Backed by ace investor Rakesh Jhunjunwala
Operations to start in Summer 2022
Low cost domestic airline
Will fly single aisle Boeing 737 Max aircraft
Focus to harness technology for enhanced customer experience
SNV Aviation under which Akasa will fly says that the airline brand is targeting Summer 2022 to start the operations in India. Akasa Air has already received the No Objection Certificate to operate flights in India.
In an earlier released statement, the airline mentioned that the company plans to operate approximately 70 planes in the next four years. While the Airbus’ Chief Commercial Officer Christian Scherer had previously stated that Airbus is in conversation with Akasa for an aircraft procurement deal, the Indian brand, at the Dubai Air Show, sealed a deal with Boeing to procure 72 737 Max aircrafts. The Max 8 aircraft is the same single aisle aircraft that was grounded after a couple of deadly crashes in late 2019. Following modifications and clearance from the FAA, DGCA has also approved operations to resume in India.
Akasa Air is backed by ace investor Rakesh Jhunjhunwala, who is the co-founder of the newest airline and owns 40% of the company. Ex-Jet Airways CEO Vinay Dube will be the CEO of Akasa Air with a 15 per cent stake. The brand is also looking to hire other industry leaders at the top spot before beginning of the operations.
Akasa Air plans to offer flights across India with an “endeavour to be the nation’s most dependable, affordable and greenest airline”. While no announcement has been made in this regards, it is expected the Akasa will serve the major domestic routes with the ultra low cost airline to attract the potential flyers.