Jhunjhunwala’s Akasa gets NOC from govt; licence next and launch likely early next year

NEW DELHI: The federal government has given a go forward to billionaire investor Rakesh Jhunjhunwala backed startup airline Akasa.
The aviation ministry has issued the no objection certificates (NOC) and now it might want to apply for air operator allow (AOP or licence) from the Directorate Common of Civil Aviation (DGCA).
The proposed extremely low value provider (LCC) is being piloted by aviation veteran Vinay Dube and will begin flying early subsequent 12 months.
Jhunjhunwala had not too long ago met PM Modi in Delhi.

The airline is anticipated to position an order for about 100 Boeing 737 Max, with Air us’ finest promoting A320 neo household of planes having an extended ready interval for these putting orders now.
The DGCA has not too long ago allowed modified B737 Max to fly in India. In the meanwhile, solely SpiceJet has 13 Max within the nation and is but to start out working them.
Whereas Jhunjhunwala will make investments about $35 million and maintain about 40% stake, there can be different traders additionally on board the extremely low value.
Other than Akaksa, the consortia that not too long ago acquired NCLT nod to revive Jet Airways says Jet 2.0 will begin flying by subsequent March.
So a mega Tata group airline -Air India-AI Categorical-AirAsia India (Vistara stays a separate airline for now) — can be flying early subsequent 12 months along with Akasa. Jet 2.0 may additionally be a part of this celebration.