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Akasa Air

About Akasa Air

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What is Akasa Air?

Akasa Air is an upcoming ultra-low-cost Indian airline co-founded by billionaire and stocks trader Rakesh Jhunjhunwala and former Jet Airways CEO Vinay
Dube.
 
Developments
 
In October 2021, Akasa Air received a 'no objection certificate' (NOC) from the Ministry of Civil Aviation. The NOC will be held by SNV Aviation, the holding company for the proposed airline.
The airline is now in the process of receiving the Air Operator Permit (AoP) certificate after aircraft acquisition and other required procedures.
 
Acquiring the NOC is the first stage, which is followed by a security background check after which an AoP is issued. Thereafter, the technical viability of the airline receives a safety clearance.
 
Akasa Air, backed by Indian billionaire Rakesh Jhunjhunwala, will begin flight operations in the next six months after receiving an AOC. The airline plans to operate approximately 70 planes in the next four years.
 
It is planning to launch flights in the summer of 2022 with an endeavour to be the nation’s most dependable, affordable and greenest airline. The airline is in talks with US aerospace giant Boeing for buying up to a hundred 737 Max aircraft.
 
Besides discussions with Boeing for planes, Akasa Air is also in talks with Airbus for potential orders from the Airbus A320 fleet.
 

Management and Investments

Rakesh Jhunjhunwala, known as "India's Warren Buffett" for his successful stock investments, partnered with IndiGo's Aditya Ghosh and Vinay Dube to launch the carrier to tap into demand for domestic air travel.
 
Former CEO of IndiGo Aditya Ghosh is associated with the venture as well and Praveen Iyer has been appointed chief commercial officer. Former Jet Airways executives Belson Coutinho, Adam Voss, Ajit Baghchandani will head marketing, engineering, inflight services respectively.
 
Ankur Goel, former head of IndiGo’s treasury and investor relations, will head Akasa Air as the Chief Financial Officer.
 
While Jhunjhunwala has invested Rs 247.50 crore in the airline, another big name of Dalal street, Madhav Bhatkuly, founder of investment fund New Horizon, has also invested around Rs 6 crore in the company.
 

Latest Updates on Akasa Air

India's six major airlines employ nearly 14,000 pilots: MoS Murlidhar Mohol

Mohol also said the flying training organisations (FTOs) are continuously upgrading their aircraft fleet by regularly inducting training aircraft fleets

Updated On: 09 Dec 2025 | 8:04 AM IST

Air India, Akasa, IndiGo cancel flights after Ethiopia volcano erupts

Air India has cancelled at least 11 flights since Monday and is conducting precautionary inspections on aircraft that flew over areas affected by ash plumes from the volcanic eruption in Ethiopia

Updated On: 25 Nov 2025 | 11:40 AM IST

Akasa Air plans flights to Singapore, Vietnam, Kazakhstan: Airline CCO

The more than three-year-old airline, which is loss-making, currently has a fleet of 30 planes and flies to 24 domestic and 6 international destinations

Updated On: 10 Nov 2025 | 7:41 PM IST

Akasa Air to start international flights from Delhi in coming weeks

The airline, which started flying in August 2022, currently has a fleet of 30 planes and flies to 24 domestic and six international destinations

Updated On: 10 Nov 2025 | 1:50 PM IST

Man tries to open emergency exit on flight at Varanasi airport; arrested

A man aboard an Akasa Air flight from Varanasi to Mumbai was detained after he tried to open the plane's emergency exit while it was taxiing for takeoff

Updated On: 04 Nov 2025 | 12:53 PM IST

Akasa Air will consider flights to Kenya, Egypt, other countries: CEO

The airline has a fleet of 30 Boeing 737 MAX planes and expects to add 'more than one aircraft' this year

Updated On: 02 Nov 2025 | 4:02 PM IST

Akasa Air plans to launch IPO within 2-5 years, says CEO Vinay Dube

Dube said, "There is no next phase we are planning. Our next phase should be an IPO in a two to five-year time period."

Updated On: 29 Oct 2025 | 8:19 PM IST

Akasa Air plans IPO within 2-5 years, to restart pilot hiring next year

Loss-making Akasa, India's third largest airline, has not had enough work for pilots due to delayed deliveries from Boeing

Updated On: 29 Oct 2025 | 6:57 PM IST

DGCA flags 'repetitive, persistent' procedural lapses in Akasa Air's audit

According to the DGCA's assessment, Akasa's cockpit voice recorder (CVR) checks were repeatedly being marked as "closed" without any analyst comments or evidence of corrective action

Updated On: 27 Oct 2025 | 10:56 PM IST

Akasa Air to boost domestic, international flights; Delhi becomes 3rd base

Delhi will be the airline's third operational base after Bengaluru and Mumbai, and the airline will operate over 165 weekly departures from the national capital

Updated On: 17 Oct 2025 | 8:38 PM IST

Akasa Air plane flying from Pune to Delhi suffers bird hit; lands safely

The flight, operated with a Boeing 737 MAX 8 aircraft, landed in the national capital little past 10 am on Friday, according to information available on flight tracking website Flightradar24.com

Updated On: 11 Oct 2025 | 10:11 AM IST

Akasa Air hit by booking, check-in disruption after service provider outage

The airline operates around 1,000 flights a week

Updated On: 09 Oct 2025 | 6:41 PM IST

Akasa Air sees top-level exit as co-founder Neelu Khatri quits role

Neelu Khatri, co-founder and Senior VP for International Operations, resigns from Akasa Air, with the airline saying its expansion plans remain unchanged

Updated On: 09 Oct 2025 | 6:31 PM IST

Boeing building a culture where all speak up freely, says Salil Gupte

Boeing India President Salil Gupte says employees must feel comfortable speaking up on issues as Indian suppliers move from build-to-print to build-to-specification

Updated On: 18 Sep 2025 | 9:56 PM IST

Akasa Air completes fundraising, Premji Invest joins Jhunjhunwalas

Akasa Air completes $125 million fundraising, welcoming Premji Invest, 360 ONE Asset, and Claypond Capital, alongside the Jhunjhunwala family, to support its expansion and long-term growth

Updated On: 19 Aug 2025 | 8:37 PM IST

Akasa Air to launch direct Mumbai-Phuket flights from September 20

The airline said it will start flights to the SAARC and ASEAN regions in the next few years, in addition to leveraging the upcoming Navi Mumbai and Noida International Airports to develop a network

Updated On: 12 Aug 2025 | 2:31 PM IST

Akasa Air completes 3 yrs of flying; plans flights to SAARC, Asean regions

Akasa Air, which commenced operations on August 7, 2022, expects to have more than 30 planes in its fleet by the end of this year

Updated On: 07 Aug 2025 | 1:35 PM IST

DGCA suspends Akasa Air examiner for six months over skill test lapses

DGCA suspends Akasa Air's Captain Kunal Khajuria for six months for procedural violations during a pilot skill test; retest ordered and examiner training mandated

Updated On: 05 Aug 2025 | 10:43 PM IST

Indian airlines reported 183 aircraft defects till July 21: Govt

Five Indian airlines reported 183 technical defects in their aircraft to the aviation regulator DGCA this year till July 21, including 85 by Air India Group, according to the government.

Updated On: 25 Jul 2025 | 12:02 AM IST

No issues found in fuel switches in its Boeing 737 MAX planes: Akasa Air

The airline has a fleet of 30 Boeing 737 MAX aircraft. A total of 196 such aircraft are to be delivered to the carrier in the coming years

Updated On: 22 Jul 2025 | 11:00 PM IST