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Akasa Air Supported by Investor Rakesh Jhunjunwala -By ASC


One of the captions of the plane’s picture read: “Coming soon to Your Sky!”

New Delhi:

Akasa Air, backed by billionaire investor Rakesh Jhunjhunwala, tweeted a picture of its new aircraft today and stated that it is on track to launch operations by July.

The airline released photos of its first Boeing 737 Max aircraft from a production facility in Portland, USA, as it prepared for delivery.

“The airline recently confirmed its commitment to be on track to receive its first aircraft in India by mid-June and launch commercial operations in India by July 2022,” the statement said. Akasa Air plans to fly 18 aircraft by the end of March 2023 across domestic routes in the country, focusing on metro to tier-2 and tier-3 cities, he said.

Last week, the airline said its carrier code was “QP”.

It said the Max aircraft will be powered by a fuel -efficient CFM LEAP B engine. “Providing the lowest seat mile cost for a single -aisle aircraft as well as high transmission reliability and an enhanced passenger experience, the 737 Max is one of the strategic factors that will give Akasa Air a competitive edge in its dynamic home market,” the statement said.

The photos, shared by the airline’s Twitter operator, come amid concerns that the launch of its service may be delayed. Several recent reports say that Akasa Air has yet to receive its first aircraft and that may force the airline to delay the launch of its service.

The Mumbai -based airline, which is registered as SNV Aviation, received a mandatory no -objection certificate from the Union Ministry of Civil Aviation in October.

The airline now has to run a proven set of flights before it gets an Air Operator Certificate – the final regulatory approval to start service.

Mr Jhunjhunwala has partnered with Aditya Ghosh, former CEO of IndiGo, and Vinay Dube, former CEO of Jet Airways, to launch the airline to capitalize on demand for domestic air travel.

Last year, Akasa Air placed orders for 72 Boeing 737 MAX jets, worth nearly $ 9 billion at list price.

The airline is poised to begin operations at a time when the nation’s aviation industry is gradually recovering from the massive effects of the Covid pandemic.

The industry is also poised to see more competition as Jet Airways prepares to take off again after a gap of nearly three years. The airline now plans to resume commercial flight operations in the July-September quarter of this year.

In addition, the Tata Group has taken over Air India and has left no effort to ensure the airline regains its lost success.

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