“The airline aims to have 18 aircraft within 12 months from launch and will have 72 planes in five years.”
— Chief Executive Vinay Dube
Billionaire Rakesh Jhunjhunwala (known as India’s Warren Buffett has teamed up with former chief executives of IndiGo and Jet Airways to start domestic air travel in India) and his new budget airline Akasa Air will start its first commercial flight in June and is working to get all relevant licences, Chief Executive Vinay Dube said last week. The airline aims to have 18 aircraft within 12 months from launch and will have 72 planes in five years, Dube said.
Though Dube did not say which cities Akasa will fly to, it will cater to Indian destinations. In November last year, Akasa Air, which will compete with other Indian airlines like IndiGo and SpiceJet, placed an order for 72 Boeing737 MAX jets, valued at nearly $9 billion at list prices. Akasa Air received initial clearance from India’s civil aviation ministry to start operations in October last year.
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