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Akasa Air, backed by Billionaire investor Rakesh Jhunjhunwala gets DGCA licence, to start operations by July-end

By Priyanka Verma 
Updated Date

New Delhi: On Thursday, Akasa Air, Backed By Billionaire Investor Rakesh Jhunjhunwala got the air operator certificate (AOC or licence) from the Directorate General of Civil Aviation (DGCA). The startup carrier, promoted by ace stock market investor Rakesh Jhunjhunwala, will start services in late July.

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“This is a significant milestone, enabling us to open our flights for sale and leading to the start of commercial operations,” the airline stated.

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It had taken delivery of its first Boeing 737 max aircraft in India on June 21. Last November, Akasa Air had announced ordering 72 ‘737 Max’ aircraft from Boeing. The order includes two variants from the 737 MAX family — 737-8 and 737-8-200. By the end of the fiscal year 2022-23, the airline will have inducted 18 aircraft and thereafter 12-14 aircraft every 12 months, which will make up its order of 72 delivered over five years, it added.

Akasa founder-CEO Vinay Dube said, “We are extremely thankful to the ministry of civil aviation and the DGCA for their constructive guidance, active support and the highest levels of efficiency throughout the AOC process. We now look forward to opening our flights for sale, leading to the start of commercial operations by late July. This will begin our journey towards building India’s greenest, most dependable, and most affordable airline.”

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