The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
BusinessNation

Akasa Air, backed by Rakesh Jhunjhunwala get center’s nod

by TLN Team October 11, 2021October 11, 2021
written by TLN Team October 11, 2021October 11, 2021
Akasa Air, backed by Rakesh Jhunjhunwala get center’s nod

The Ministry of Civil Aviation has given a no-objection certificate (NOC) for the operation of Rakesh Jhunjhunwala-backed new airline ‘Akasa Air’ in India, a company statement said on Monday.

The new airline aims to start operations by the summer of 2022, the holding company, SNV Aviation Private Limited, said.

Akasa Air is backed by ace investor Rakesh Jhunjhunwala and ex-Jet Airways CEO Vinay Dube

‘We are extremely happy and grateful to the Ministry of Civil Aviation for their support and for the grant of the NOC,” Dube, who is now the CEO of Akasa Air, was quoted as saying in the statement.

“We will continue to work with the regulatory authorities on all additional compliances required to successfully launch Akasa Air,” he added.

Akasa Air also has former IndiGo president Aditya Ghosh on its board.

The airline plans to operate approximately 70 planes in the next four years.

Akasa has been in discussions with US plane manufacturer Boeing to procure its B737 Max planes, multiple media reports had said two months back. Airbus’ A320 series of aircraft competes with Boeing’s B737 series of planes in the aviation market.

When asked about his entry into the aviation sector when some companies have gone bust, Jhunjhunwala​ had​ ​replied​​​ he cannot say much but he is prepared for any outcome.

“We will see what happens. If it becomes successful, I will tell you about it and if it fails, I will simply say I didn’t do anything much about it. I am taking a conscious risk…I am hopeful and prepared for failure,” he ​​​​had added.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
NVCC demands restaurants to remain open till 11 pm
next post
Komal Zanzad to lead one day Tournament at Vishakhapatnam

You may also like

Centre extends deadline to link Aadhaar to voter...

March 22, 2023

Ulhas Gandhe to officiate IPL 2023

March 22, 2023

ICC ODI World Cup 2023 from Oct 5...

March 22, 2023

Earthquake tremors felt in North India

March 21, 2023

Amma’s C-20 Message

March 20, 2023

Madhya Pradesh Tourism Board bags the award for ‘Best State...

March 20, 2023

Employees in Maharashtra have called off their strike...

March 20, 2023

Following the crisis caused by SVB, Signature Bank,...

March 20, 2023

12 injured as privates bus skids 15ft on...

March 20, 2023

Centre issues revised guidelines for adult COVID patients

March 20, 2023

Trending News

  • Salman Khan receives threat on email from Bishnoi gang, FIR filed

    March 19, 2023
  • Leopard from Pakistan enters Indian territory, watch video

    March 19, 2023
  • New COVID protocol for cricketers ahead of IPL 2023

    March 19, 2023
  • COVID-19 pandemic likely to settle as seasonal flu : WHO

    March 19, 2023
  • H3N2 Influenza: Maharashtra reports 2 deaths, Nagpur 1& Ahmednagar 1

    March 15, 2023

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

October 2021
M T W T F S S
« Sep   Nov »
 123
45678910
11121314151617
18192021222324
25262728293031

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us

© 2020 - The Live Nagpur . All Rights Reserved.