Akasa Air strong enough to place significantly larger aircraft order in next 18 months: CEO Vinay Dube

New entrant Akasa Air is financially strong enough to place an aircraft order in the 18 next months that will be significantly larger than its first, its founder and CEO Vinay Dube said on Wednesday.

Rakesh Jhunjhunwala – who along with his family held around a 45 per cent stake in Akasa Air – passed away on Sunday morning. The airline on November 26 last year signed its first aircraft deal with Boeing to purchase 72 Max planes.