Akasa Air, backed by billionaire Rakesh Jhunjhunwala, has said it has received initial clearance from the civil aviation ministry to launch the country’s latest ultra-low-cost carrier and expects to begin flights across India next year. Akasa Air chief executive officer Vinay Dube said in a statement the airline will continue to work with the regulatory authorities on all additional compliances required to successfully launch. “We are extremely happy and grateful to the Ministry of Civil Aviation for their support and for the grant of the NOC. We will continue to work with the regulatory authorities on all additional compliances required to successfully launch Akasa Air,” Dube said.
