Rakesh Jhunjhunwala’s Akasa Air gets a license to fly from DGCA

Investing Finances

Akasa Air is backed by India’s billionaire investor Rakesh Jhunjhunwala. The flight service will start by the end of this month.

Akasa Air is backed by India’s billionaire investor Rakesh Jhunjhunwala.

Akasa Air got its Air Operator Certificate (AOC license) on Thursday from the Directorate General of Civil Aviation (DGCA).

By the end of the fiscal year 2022-23, the airline intends to have 18 aircraft and thereafter 12-14 aircraft every 12 months.

Akasa will soon have Boeing 737 MAX aircraft, at the Indira Gandhi International Airport to begin its operations.

Also, it will make up its order of 72 delivered over the next five years.

Apart from IndiGo, Spice Jet, Go First, Air Asia, and Air India Express; Akasa Air is the next budget carrier joining this list.

Rakesh Jhunjhunwala promoted Akasa Air, and the airline is ready for its flight by the end of July.

The license came after the airline disclosed the first look of the airline and Akasa Air cabin crew uniform.