{"id":428401,"date":"2021-07-31T11:20:32","date_gmt":"2021-07-31T05:50:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=428401"},"modified":"2021-07-31T12:39:20","modified_gmt":"2021-07-31T07:09:20","slug":"rakesh-jhunjhunwalas-new-airline-may-give-boeing-a-chance-to-regain-lost-ground-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rakesh-jhunjhunwalas-new-airline-may-give-boeing-a-chance-to-regain-lost-ground-2\/","title":{"rendered":"Rakesh Jhunjhunwala&#8217;s new airline may give Boeing a chance to regain lost ground"},"content":{"rendered":"<p>NEW DELHI: Billionaire Rakesh Jhunjhunwala&#8217;s plan to launch an ultra low-cost airline could give planemaker Boeing a chance to regain lost ground in India after the fall of one of its biggest customers, Jet Airways, two years ago, industry executives say.<br \/>\nJhunjhunwala, known as India&#8217;s Warren Buffett for his successful stock investments, plans to team up with former CEOs of IndiGo, the country&#8217;s biggest carrier, and Jet Airways to tap into demand for domestic air travel.<br \/>\nWhile plans to launch Akasa Air come at a time when India&#8217;s aviation industry is reeling from the impact of the pandemic, with airlines losing billions of dollars, the sector&#8217;s long-term prospect makes it a hot market for planemakers Boeing and Airbus .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Billionaire Rakesh Jhunjhunwala&#8217;s plan to launch an ultra low-cost airline could give planemaker Boeing a chance to regain lost ground in India after the fall of one of its biggest customers, Jet Airways, two years ago, industry executives say. Jhunjhunwala, known as India&#8217;s Warren Buffett for his successful stock investments, plans to team up with former CEOs of IndiGo, the country&#8217;s biggest carrier, and Jet Airways to tap into demand for domestic air travel. While plans to launch Akasa Air come at a time when India&#8217;s aviation industry is reeling from the impact of the pandemic, with airlines [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220,130,137],"tags":[],"class_list":["post-428401","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/428401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=428401"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/428401\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=428401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=428401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=428401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}