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 has hired around 50 employees for back office functions and is now recruiting pilots, flight attendants and airport staff.
Akasa has hired around 50 employees for back office functions and is now recruiting pilots, flight attendants and airport staff.
Seeking to further democratise air travel with dependable and affordable services, Akasa Air likely to start flights in late May or early June after getting its first Boeing 737 MAX aircraft in April.
Modi on Monday called for synchronised global action to regulate cryptocurrencies
The interest from multiple backers in Akasa comes at a time when airlines, hit by two consecutive years of the pandemic, are scouring for funds
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Slice, a credit-card startup targeting young consumers, raised $220 million to become India's latest unicorn. More on that story in our top headlines.
The purchase is contingent on US clearance of the Covid oral antiviral, which Pfizer has applied for, according to a statement from the company Thursday
Mumbai-based startup Akasa Air announced an order Tuesday for 72 of the jets at the Dubai Airshow, a deal worth $9 billion at list prices.
CFM LEAP-1B engines will power the airline's recently acquired Boeing 737 MAX airplanes
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The airline received no objection certificate from the civil aviation ministry last month
It's a bold bet by Jhunjhunwala, in a market that has seen some airlines collapse in the face of intense fare wars and high costs. Here's all you need to know about the new airline