Akasa Air

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Akasa Air is an upcoming Ultra low-cost carrier airline in India promoted by Indian business magnate and stocks Trader (finance) Rakesh Jhunjhunwala.[1] It received no objection certificate from Indian civil aviation ministry.[2] Akasa Air is co-founded by Rakesh Jhunjhunwala and former Jet Airways CEO Vinay Dube.[3]Airline will receive Air operator's certificate permit after aircraft acquisition and other required procedures.[2]


Bloomberg reported in July that Rakesh Junjunwala is planning to induct 70 aircrafts with the capacity of 180 passengers over the period of 4 years for a new Ultra low-cost carrier called Akasa Air.[4].


  1. "Rakesh Jhunjhunwala-promoted Akasa Air Gets No-objection Certificate From Civil Aviation Ministry, DGCA: Reports". Moneycontrol. 2021-08-04. Retrieved 2021-08-06.
  2. 2.0 2.1 Sharma, Anu (2021-08-04). "Rakesh Jhunjhunwala's Akasa Air gets NOC from Aviation Ministry, aims flight take off by 2021 end". CNBCTV18. Retrieved 2021-08-06.
  3. "Rakesh Jhunjhunwala-promoted Akasa Air's Holding Company SNV Aviation Registered Using Vinay Dubey's Address". Moneycontrol. 2021-08-04. Retrieved 2021-08-06.
  4. "Indian Billionaire Investor Plans 70 Planes for New Airline". Bloomberg. 2021-07-28. Retrieved 2021-08-06.

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