Akasa Air is well funded and strong enough to place its second large aircraft order in 18 months, the airline’s founder and CEO Vinay Dube said in a statement on Wednesday.
The statement was issued to address stakeholder concerns following the death of its key investor Rakesh Jhunjhunwala on Sunday. The airline commenced operations on August 7.
“Our growth is secure,” Dube stated.
On Tuesday, Akasa Air received its third aircraft, which will be put into operation in the Mumbai-Bengaluru sector. “We will continue to grow our fleet by adding one new aircraft every two weeks. Akasa Air is a well-capitalised airline with financial means to induct 72 aircraft over the next five years.
