Wednesday, October 13, 2021

What could work and what needn't for Rakesh Jhunjhunwala's airline venture

Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. He wants to set up the new airline in India on the optimism that more people will travel by air. The carrier expects to start operations next summer. 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 >>

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