The authorities have given a go forward to billionaire investor Rakesh Jhunjhunwala backed startup airline Akasa. The aviation ministry has issued the no-objection certificates (NOC) and now it might want to apply for air operator allow (AOP or licence) from the Directorate General of Civil Aviation (DGCA). The proposed extremely low-value service (LCC) is being piloted by aviation veteran Vinay Dube and will begin flying early next year. Jhunjhunwala had just lately met PM Modi in Delhi. The airline is anticipated to put an order for about 100 Boeing 737 Max, with Air us’ finest-promoting A320 neo household of planes having an extended ready interval for these inserting orders now.
The DGCA has just lately allowed modified B737 Max to fly in India. At the second, solely SpiceJet has 13 Max within the nation and is but to begin working them. While Jhunjhunwala will make investments about $35 million and maintain about 40% stake, there shall be different buyers additionally on board the extremely low value.
Apart from Akaksa, the consortia that just lately acquired NCLT nod to revive Jet Airways says Jet 2.0 will begin flying by next March.
