Rakesh Jhunjhunwala-backed Akasa Air gets Centre’s nod to operate in India
The Ministry of Civil Aviation has given a no-objection certificate (NOC) for the operation of Rakesh Jhunjhunwala-backed new airline ‘Akasa Air’ in India, a company statement said on Monday.
The new airline aims to start operations by the summer of 2022, the holding company, SNV Aviation Private Limited, said.
Akasa Air is backed by ace investor Rakesh Jhunjhunwala and ex-Jet Airways CEO Vinay Dube
“We are extremely happy and grateful to the Ministry of Civil Aviation for their support and for the grant of the NOC,” Dube, who is now the CEO of Akasa Air, was quoted as saying in the statement.
