Tuesday, August 16, 2022

How Akasa Air Plans To Take Off From A Crowded Field

Backed by the recently deceased Rakesh Jhunjhunwala, Akasa Air has entered Indian aviation as it looks to make a name as a low-cost carrier. Akasa Air completed its maiden flight from Mumbai to Ahmedabad on 7 August. Minister of Civil Aviation Jyotiraditya M Scindia and Minister of State for Civil Aviation Gen (Retired) V K Singh inaugurated the debut flight in the presence of Jhunjhunwala, Rekha Jhunjhunwala, and Akasa founder-CEO Vinay Dube.

The last two years were quite painful for the aviation sector, with the Covid-19 pandemic, high fuel prices, and human resource shortages leaving air players with huge losses and debt burdens.

Read how Akasa is to overcome the headwinds >>

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