Indian budget airline Akasa plans first commercial flight in June

New Indian budget airline Akasa Air plans to launch its first commercial flight in June and is working to get all relevant licences, Chief Executive Vinay Dube said on Friday.

The airline is backed by billionaire Rakesh Jhunjhunwala, known as “India’s Warren Buffett”, who has teamed up with former chief executives of IndiGo and Jet Airways to tap into rising long-term prospects for domestic air travel in India.