Page 14 - Akasa Air

Akasa Air takes delivery of first Boeing 737 MAX aircraft at IGI Airport

Ace investor Rakesh Jhunjhunwala-promoted Akasa Air's first aircraft Boeing 737 MAX arrived in Delhi on Tuesday, bringing it closer to securing the mandatory Air Operator Permit to start operations.

Akasa Air takes delivery of first 737 Max aircraft from Boeing in US

New airline Akasa Air on Thursday took delivery of the first 737 Max aircraft from Boeing in Seattle, USA, a statement said

Akasa Air to partner Griffin for sale, leaseback of Boeing planes

Under sale and leaseback model, the airline sells its planes to a leasing company and then leases them back

Akasa Air concludes sale and lease back of 5 Boeing 737 Max planes

Akasa Air ordered 72 Boeing 737 Max aircraft last November

Looking at business class for A321XLR, says IndiGo CEO Ronojoy Dutta

'We are taking the Ranchi incident as a learning opportunity and treating it as a case study'

On track to receive first 737 Max plane by mid-June, says Akasa Air

Ace investor Rakesh Jhunjhunwala-backed Akasa Air, in a release, also said that it is on track to launch its commercial operations by July

Akasa Air launch may be delayed further as it awaits aircraft delivery

'Their (Akasa Air) aircraft delivery is delayed and it is expected to come around June /July. As far as other procedures are concerned, they all are on track,' says a DGCA official

Jhunjhunwala-backed Akasa Air to have airline code 'QP'; ops to begin July

Akasa Air, which is planning to start its commercial flight operations in July, on Tuesday said its airline code will be "QP". Every airline in the world has a designator code. For example, IndiGo's code is "6E", Go First's is "G8" and Air India's is "AI". Akasa Air said on Twitter, "Quite Proud to announce our airline code - QP!" The airline, which is backed by ace investor Rakesh Jhunjhunwala and aviation veterans Vinay Dube and Aditya Ghosh, received the no-objection certificate (NOC) from the Ministry of Civil Aviation in August 2021 to launch commercial flight operations. With the Directorate General of Civil Aviation giving the green light to Boeing 737 Max aircraft in late August last year, Akasa Air signed a deal with Boeing on November 26, 2021 to purchase 72 Max planes.

Akasa Air ties up with Navitaire for digital retailing, reservations system

Akasa Air, backed by ace investor Rakesh Jhunjhunwala, and aviation veterans Vinay Dube and Aditya Ghosh, is expected to begin its commercial operations in July

Akasa Air to launch flight operations in July instead of June

The commercial flight operations of Rakesh Jhunjhunwala-backed Akasa Air will be launched in July instead of June.

Akasa Air to launch operations from June, expects fleet size at 72 in 5 yrs

He further said the airline plans to have 18 aircraft on ground as part of its fleet within 12 subsequent months of launching and then add 12 to 14 every year making it 72 in five years

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

Stock options for staff, 'happy homes': Akasa airline makes flight plan

Akasa has hired around 50 employees for back office functions and is now recruiting pilots, flight attendants and airport staff.

Rakesh Jhunjhunwala's Akasa airline to lure staff with stock options

Akasa has hired around 50 employees for back office functions and is now recruiting pilots, flight attendants and airport staff.

Akasa Air take off likely in late May or early June: CEO Vinay Dube

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.

Top headlines: Modi calls for regulating crypto; RBI says growth recovering

Modi on Monday called for synchronised global action to regulate cryptocurrencies

Jhunjhunwala the biggest draw as investors line up to board Akasa

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

Tata's Air India win to Zee-Sony deal: 2021, year that was for businesses

After a year of disruptions, businesses were better prepared in 2021, not only adjusting to the new normal but also making the most of it

Best of BS Opinion: Risks in crypto-assets, challenge for Akasa and more

Here are the best of BS Opinion pieces of the day

Top headlines: Sebi chief speaks on IPO valuations; Omicron spreads

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.