Akasa Air to launch flight operations in July instead of June

The commercial flight operations of Rakesh Jhunjhunwala-backed will be launched in July instead of June.

“As we get closer to the airline launch date, we can now confirm refined estimates on our timelines. We expect our first aircraft delivery by early June 2022, with the intention to start commercial operations in July 2022,” Vinay Dube, CEO, Akasa Air, told PTI.

Importantly, there will be no impact on “later aircraft induction” and remains on plan to fly 18 aircraft by the end of March 2023, said Dube, who is also Founder and Managing Director of the carrier.

On March 26, Dube had at an aviation event said that the airline is planning to launch its commercial operations in June.

— which along with Dube is backed by by ace investor Jhunjhunwala and aviation veteran Aditya Ghosh — got the no-objection certificate (NOC) from the Ministry of Civil Aviation in the first half of August 2021 to launch commercial flight operations.

With the aviation regulator DGCA giving its green light to Boeing Max aircraft in late August, Akasa Air signed a deal with Boeing on November 26 last year to purchase 72 Boeing 737 Max planes.

Dube said on Monday, “With respect to starting the airline, we are extremely thankful to the Ministry of Civil Aviation and the DGCA for their guidance and support on all required regulatory clearances.”

“We have received our NOC and our next key milestone is the Air Operators Permit. We are working closely with the regulatory authorities and following all the required processes to comply with the requirements to obtain this certification. We hope to satisfy all regulatory requirements for this certification at the earliest,” he added.

Aviation consultancy firm CAPA said in November 2021 that the disruption in the Indian aviation sector due to Akasa Air will possibly be felt from 2024-25 onwards “once it has scale and achieves a competitive cost base”.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Leave a Reply

Your email address will not be published.