Akasa Air that started its commercial flights this month, thanked Rakesh Jhunjhunwala for being an “early believer”. Jhunjhunwala recently teamed up with ex-Jet Airways CEO Vinay Dube and former IndiGo head Aditya Ghosh to launch India's newest budget carrier, Akasa Air.
“We are deeply saddened by the untimely demise of Mr. Rakesh Jhunjhunwala this morning. Our thoughts and prayers are with Mr Jhunjhunwala’s family and friends. May his soul rest in peace,” it added in a statement.
It further added, “We at Akasa cannot thank Mr Jhunjhunwala enough for being an early believer in us and putting his trust and faith in us and putting his trust in us to build a world-class airline. Mr Jhunjhunwala had an invincible spirit, was deeply passionate about everything Indian and cared greatly for the well-being of our employees and customers. Akasa Air will honour Mr Jhunjhunwala’s legacy, values and belief in us by striving to run a great airline.”
The veteran stock market investor, often referred to as India's Warren Buffett died on Sunday morning. He was 62. Often referred to as 'India's Warren Buffett' and the Big Bull of Indian markets, Jhunjhunwala's net worth was USD 5.8 billion.
14/08/22 BusinessToday.in
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