{"id":497596,"date":"2022-06-09T18:01:09","date_gmt":"2022-06-09T12:31:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=497596"},"modified":"2022-06-09T18:01:09","modified_gmt":"2022-06-09T12:31:09","slug":"akasa-air-concludes-sale-and-lease-back-of-5-boeing-737-max-planes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/akasa-air-concludes-sale-and-lease-back-of-5-boeing-737-max-planes\/","title":{"rendered":"Akasa Air concludes sale and lease back of 5 Boeing 737 Max planes"},"content":{"rendered":"<p>Akasa Air has concluded the sale and lease back of five Boeing 737 Max aicraft with Ireland-based Griffin Global Asset Management.<\/p>\n<p>The aircraft deliveries will begin this month and the airline plans to start operations in July.<\/p>\n<p>&#8220;We are pleased to have Griffon as our partners in growth as we embark on our aviation journey. The high degree of confidence and endorsement from the Griffin team is a testimony to Akasa Air&#8217;s robust and sustainable future,&#8221; the airline&#8217;s CEO Vinay Dube said in a statement.<\/p>\n<p>&#8220;We are honoured to enter into this long-term relationship right from Akasa\u2019s launch. They have developed a business strategy that addresses a need in the market and assembled a very impressive team to execute that plan,\u201d said Ryan McKenna, Griffin\u2019s Chief Executive Officer<\/p>\n<p>Akasa Air, which is backed by ace investor Rakesh Jhunjhunwala, ordered 72 Boeing 737 Max aircraft last November. It intends to induct upto18-20 aircraft in the first year and will focus on connecting tier-II cities.<\/p>\n<p>Last month it selected Navitaire to power its reservation system and its digital retailing strategies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Akasa Air has concluded the sale and lease back of five Boeing 737 Max aicraft with Ireland-based Griffin Global Asset Management. The aircraft deliveries will begin this month and the airline plans to start operations in July. &#8220;We are pleased to have Griffon as our partners in growth as we embark on our aviation journey. The high degree of confidence and endorsement from the Griffin team is a testimony to Akasa Air&#8217;s robust and sustainable future,&#8221; the airline&#8217;s CEO Vinay Dube said in a statement. &#8220;We are honoured to enter into this long-term relationship right from Akasa\u2019s launch. They have [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[229],"tags":[],"class_list":["post-497596","post","type-post","status-publish","format-standard","hentry","category-civil-aviation"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497596","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=497596"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497596\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=497596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=497596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=497596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}