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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. It received no objection certificate from Indian civil aviation ministry. Akasa Air is co-founded by Rakesh Jhunjhunwala and former Jet Airways CEO Vinay Dube.Airline will receive Air operator's certificate permit after aircraft acquisition and other required procedures.
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..
- "Rakesh Jhunjhunwala-promoted Akasa Air Gets No-objection Certificate From Civil Aviation Ministry, DGCA: Reports". Moneycontrol. 2021-08-04. Retrieved 2021-08-06.
- 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.
- "Rakesh Jhunjhunwala-promoted Akasa Air's Holding Company SNV Aviation Registered Using Vinay Dubey's Address". Moneycontrol. 2021-08-04. Retrieved 2021-08-06.
- "Indian Billionaire Investor Plans 70 Planes for New Airline". Bloomberg. 2021-07-28. Retrieved 2021-08-06.