Akasa Air

Akasa Air, a brand of SNV Aviation Private Limited,[1] is an Indian low-cost[2] airline headquartered in the city of Mumbai, Maharashtra, India. It is backed by Rakesh Jhunjhunwala.[3][4] The airline plans to start flights in July of 2022, after getting its first Boeing 737 MAX aircraft.[5] The CEO of Akasa Air, Vinay Dube, has stated that Akasa aims to have 18 aircraft by the end of 2022, and to add around 12-14 aircraft per year. He also said Akasa Air will have around 72 aircraft by 5 years.[6] Dube stated that the airline will initially have services from metro cities to tier-2 and tier-3 cities, as well as operating flights to major cities across India as well.[7][8]

Not to be confused with Alaska Airlines.
Akasa Air
FoundedDecember 2021 (2021-12)
Parent companySNV Aviation Pvt. Ltd
HeadquartersMumbai, Maharashtra, India
Key peopleVinay Dube
Aditya Ghosh
Websitewww.akasaair.com

History

During March 2021, reports surfaced that Vinay Dube the former CEO of Jet Airways and Go First planned to launch a new low-cost carrier in India with former GoFirst Chief Commercial Officer (CCO), Praveen Iyer and Head of Flight Operations, Nikhil Ved.[9][10]

In July 2021, India billionaire trader Rakesh Jhunjhunwala invested $35 million for a 40% stake in the carrier.[11][12]

It received a No Objection Certificate from the Ministry of Civil Aviation in October 2021.[13][14] The airline is in the process of receiving its Air Operator's Certificate (AOC) next as well.[15] After receiving an AOC the airline will start operations within 3 to 6 months.[16] The airline is aiming to launch flights in the summer of 2022.[13] Akasa Air is eyeing the Boeing 737 MAX for their operations and has stated that they aim to induct around 70 of those planes in the next four years.[17]

On 22 December 2021, the airline unveiled its brand identity and logo, with the tagline It's Your Sky.[18][19] The symbol 'rising A' a part of their logo, was inspired by elements from the sky including the warmth of the rising sun, the effortless flight of a bird and the dependability of an aircraft wing.[20] The colors of their brand ‘Sunrise Orange’ and ‘Passionate Purple’ were chosen, reflecting the airline's warm, youthful, and respectful nature.[21]

Fleet

On 16 November 2021, Akasa Air ordered 72 Boeing 737 MAX aircraft valued at nearly $9 billion in list prices. The order consists of 737 MAX 8 and the higher-capacity 737 MAX 200 variants.[22]

Akasa Air fleet
Aircraft In service Orders Passengers Notes
Boeing 737 MAX 8 — 72 189
Boeing 737 MAX 200 — 197
Total — 72

References
  1. "Akasa Air Orders 72 Fuel-Efficient 737 MAX Airplanes to Launch Service in Fast-Growing Indian Market". MediaRoom. Retrieved 2022-02-21.
  2. "Akasa Air not ultra low cost; will seek nod to fly international routes next summer: Vinay Dube". www.msn.com. Retrieved 2022-01-12.
  3. "Rakesh Jhunjhunwala-promoted Akasa Air's Holding Company SNV Aviation Registered Using Vinay Dubey's Address". Moneycontrol. 2021-08-04. Retrieved 2021-08-06.
  4. "Rakesh Jhunjhunwala-promoted Akasa Air Gets No-objection Certificate From Civil Aviation Ministry, DGCA: Reports". Moneycontrol. 2021-08-04. Retrieved 2021-08-06.
  5. "Akasa Air take off likely in late May or early June: CEO Vinay Dube". Business Standard India. Press Trust of India. 2022-01-25. Retrieved 2022-02-13.
  6. "Akasa Air plans to launch first flight in June". www.siasat.com. Retrieved 26 March 2022.
  7. "Akasa Air eyes June launch". www.telegraphindia.com. Retrieved 26 March 2022.
  8. "Indian Indian budget airline Akasa plans first commercial flight in June". www.economictimes.indiatimes.com. Retrieved 26 March 2022.
  9. "Jet Airways' ex-CEO Is Reportedly Looking To Start Another Airline". Simple Flying. 2021-03-19. Retrieved 2021-11-17.
  10. "Vinay Dube, ex-CEO of Jet Airways and GoAir, plans to launch new domestic airline by end of 2021-India News , Firstpost". Firstpost. 2021-03-18. Retrieved 2021-11-17.
  11. "Rakesh Jhunjhunwala Airline's $9 Billion Order For Boeing 737s". NDTV.com. Retrieved 2021-11-17.
  12. Shukla, Tarun. "Akasa Air's take-off: with the Big Bull in cockpit, the low-cost airline has no room for mistakes". The Economic Times. Retrieved 2021-11-17.
  13. Sharma, Anu (2021-08-04). "Rakesh Jhunjhunwala's Akasa Air gets NOC from Aviation Ministry, aims flight take off by 2021 end". CNBCTV18. Retrieved 2021-08-06.
  14. "Rakesh Jhunjhunwala's Akasa Air gets NOC from Ministry of Civil Aviation". www.timesnownews.com. Retrieved 13 October 2021.
  15. "Rakesh Jhunjhunwala's Akasa Air Gets Govt Nod, Aims To Fly From Next Year". www.businessworld.in. Retrieved 13 October 2021.
  16. "Aviation Industry gives nod to Rakesh Jhunjhunwala-backed Akasa Air to operate in India". www.deccanherald.com. 11 October 2021. Retrieved 13 October 2021.
  17. "Akasa: India's New Ultra Low-cost Airline". www.airwaysmag.com. 14 August 2021. Retrieved 13 October 2021.
  18. "Rakesh Jhunjhunwala-backed Akasa Air unveils aircraft livery". www.timesofindia.com. 22 December 2021. Retrieved 22 December 2021.
  19. "India's newest carrier Akasa Air unveils brand logo. 5 things to know". www.hindustantimes.com. 22 December 2021. Retrieved 22 December 2021.
  20. "Akasa Air unveils livery for its planes, top things to know about Rakesh Jhunjhunwala backed airline". Zee News. 2021-12-23. Retrieved 2022-01-04.
  21. Team, BS Web (2021-12-22). "Rakesh Jhunjhunwala-backed Akasa Air unveils its brand identity". Business Standard India. Retrieved 2022-02-24.
  22. "Akasa Air Orders 72 Fuel-Efficient 737 MAX Airplanes to Launch Service in Fast-Growing Indian Market". MediaRoom. Retrieved 2021-11-17.
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