Billionaire investor Rakesh Jhunjhunwala-backed Akasa Air will begin operations on August 7 with two daily flights between Mumbai and Ahmedabad as ticket sales opened on Friday.
The management has kept the minimum one-way fare at ~3,948 on the Mumbai-Ahmedabad route. Currently, there are around 15 daily flights on the route. IndiGo, which operates six-seven daily flights, is offering seats at ~3,945 on two of these flights. Go First too dropped its one way fares to Rs 3951 signaling competition
Akasa Air will connect four cities in its first phase of operations, with flights connecting Bengaluru and Kochi beginning on August 13 with two daily flights. This route has 11 daily flights at present.