NEW DELHI: Seeking to put the debilitating pilot exodus behind him, Akasa co-founder & CEO Vinay Dube on Tuesday said an order for “three digit aircraft will be placed within the next 75 days”. While the airline is learnt to be planning to raise $400 million, it claims to have adequate funds to place the upcoming aircraft order by the end of the year. The 20-aircraft-strong airline’s current order book comprises 56 more Boeing 737 MAXs.
While not commenting on the plans to raise $400 million, Dube told TOI: “We’ve an extremely strong cash position today. Akasa has been generating cash since the start of operations. We have enough cash today, meaning without requiring any other external sources of funding to place a triple digit aircraft order.”
