Business Standard

Friday, January 17, 2025 | 01:56 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Jhunjhunwala-backed Akasa Air plans first commercial flight in June

The airline aims to have 18 aircraft within 12 months from launch and will have 72 planes in five years, says CEO Vinay Dube

Akasa airlines
Premium

The airline aims to have 18 aircraft within 12 months from launch and will have 72 planes in five years

Reuters Hyderabad
New Indian budget airline Akasa Air plans to launch its first commercial flight in June and is working to get all relevant licences, Chief Executive Vinay Dube said on Friday.
 
The airline is backed by billionaire Rakesh Jhunjhunwala, known as "India's Warren Buffett", who has teamed up with former chief executives of IndiGo and Jet Airways to tap into rising long-term prospects for domestic air travel in India.

The airline aims to have 18 aircraft within 12 months from launch and will have 72 planes in five years, Dube said speaking at an air show in the southern Indian

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in