Rakesh Jhunjhunwala-backed Akasa Air open for booking: check flight routes
2 years, 8 months ago

Rakesh Jhunjhunwala-backed Akasa Air open for booking: check flight routes

Live Mint  

The Akasa Air, India's newest airline promoted by billionaire investor Rakesh Jhunjhunwala has opened bookings for commercial flight operations starting from August 7 this year on two routes using a Boeing 737 Max plane. The passengers can book their flight tickers either on its official website, that is, akasaair.com or by downloading the Akasa Air application from Google Play Store. Vinay Dube, Founder and Chief Executive Officer, Akasa Air said, “We are extremely excited to finally be able to offer up our flights for sale. Commenting on Akasa Air’s network expansion plans, Praveen Iyer, Co-founder and Chief Commercial Officer, Akasa Air also said that the network strategy of Rakesh Jhunjhunwala backed airlines is focused on establishing a strong pna-India presence and providing linkages from metro to tier 2 and tier 3 cities across the country.

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History of this topic

Akasa Air raises funds from Azim Premji, Ranjan Pai family offices
1 month, 2 weeks ago

Akasa Air raises funds from Azim Premji, Ranjan Pai family offices

Hindustan Times  

NEW DELHI: India’s youngest airline, Akasa Air, said on Thursday that it has signed agreements with investors to raise fresh capital. The airline said that a group of prominent Indian investors, including Premji Invest, Claypond Capital, and funds managed by 360 ONE Asset, an asset management firm, have signed agreements to invest in Akasa Air. Akasa Air did not disclose …

Akasa Air aims to soar with funds family offices of Azim Premji, Ranjan Pai and others
1 month, 2 weeks ago

Akasa Air aims to soar with funds family offices of Azim Premji, Ranjan Pai and others

Live Mint  

Akasa Air, India's youngest airline, has raised an undisclosed sum from a number of investors, including the family offices of Bengaluru-based billionaires Azim Premji and Ranjan Pai. Akasa Air, which started flying in 2022, has become the country's third-largest carrier with a market share of 4.6%. “These are not just financial transactions; they are an investment in our vision and …

Akasa Air writes to govt over UAE flights, says no level playing field
1 month, 3 weeks ago

Akasa Air writes to govt over UAE flights, says no level playing field

Hindustan Times  

Akasa Air has written to the civil aviation ministry over a lack of a level playing field and competitive challenge for a new entrant like itself while raising concerns over its inability to secure traffic rights or agreements to operate flights to the United Arab Emirates despite multiple requests over a year. “.we strongly believe that, as is done world …

Akasa Air is well-capitalized, path to profitability intact: CEO Dube
2 months ago

Akasa Air is well-capitalized, path to profitability intact: CEO Dube

Live Mint  

Akasa Air, the country's youngest airline, remains well-capitalized, and it has more cash than when it started commercial operations in August 2022, according to Akasa Air chief executive officer Vinay Dube. "We can't comment one way or the other," Akasa Air's CEO Dube said in an interview with Mint on Thursday. By the end of the next fiscal year, we …

New Year 2025: Akasa Air announces special sale with flight tickets starting at ₹1,599
2 months, 3 weeks ago

New Year 2025: Akasa Air announces special sale with flight tickets starting at ₹1,599

Live Mint  

New Year 2025: Indian low-cost carrier Akasa Air has announced a New Year Sale, offering discounts on fares across its domestic and international routes. Passengers can book their flight tickets through all platforms, such as the Akasa Air website—www.akasaair.com—mobile app, and travel partners. Other facilities According to Akasa Air, passengers will get several facilities, such as USB ports on most …

Pilot exodus at Akasa Air sparks controversy, airline denies lax training, safety standards
3 months, 1 week ago

Pilot exodus at Akasa Air sparks controversy, airline denies lax training, safety standards

Live Mint  

A group of Akasa Air pilots has raised concerns about ‘training and safety issues’ at the airline, prompting them to seek the intervention of the civil aviation ministry. In a letter dated December 11 addressed to Civil Aviation Minister K Rammohan Naidu, the pilots urged an independent probe into the airline’s management practices, training methods, and safety standards. “This dedication …

Azim Premji, Ranjan Pai in talks to buy minority stake in Akasa Air: Report
3 months, 1 week ago

Azim Premji, Ranjan Pai in talks to buy minority stake in Akasa Air: Report

India Today  

A consortium led by Wipro founder Azim Premji’s family office, Premji Invest, and Manipal Group’s Ranjan Pai’s family office, Claypond Capital, is set to acquire a minority stake in Akasa Air, as reported by The Economic Times. The Jhunjhunwala family estate, which currently holds a 38% stake in Akasa Air through various trusts, is also planning on increasing its investment. …

Exclusive: Akasa Air pulls off a surprise, launches codeshare with Etihad
3 months, 2 weeks ago

Exclusive: Akasa Air pulls off a surprise, launches codeshare with Etihad

Live Mint  

Over the weekend, Mumbai-headquartered Akasa Air quietly launched a surprise move. While not announced formally by either of the airlines, Akasa Air flights with Etihad codeshare started popping up on the booking engine of Etihad. Flights to Abu Dhabi from Ahmedabad and Bengaluru, which begin in March 2025 are listed for booking on the Gulf carrier’s website with “Operated by …

Premji Invest, Claypond Capital mulling $125 million investment in Akasa Air
7 months ago

Premji Invest, Claypond Capital mulling $125 million investment in Akasa Air

Hindustan Times  

Premji Invest and Claypond Capital, family offices of Wipro’s Azim Premji and Manipal Group’s Ranjan Pai, are reportedly planning to invest ₹$125 million in Akasa Air. An Akasa Air passenger aircraft taxis on the tarmac at Chhatrapati Shivaji International Airport in Mumbai, India. {{^usCountry}} {{/usCountry}} The funds will be used for the expansion and payments for the airline and the …

Akasa Air to expand U.P. operations, eyes 100 weekly flights
9 months ago

Akasa Air to expand U.P. operations, eyes 100 weekly flights

Hindustan Times  

Eighteen months after its launch, Akasa Air is set to expand its operations in Uttar Pradesh, targeting 100 flights per week. operations, eyes 100 weekly flights Currently, the airline operates 87 flights from the state and is eyeing the 100-flights-per-week mark in six months. Akasa Air also connects Lucknow and Varanasi with three international destinations including Doha, Riyadh and Jeddah …

Akasa Air to become profitable and launch more international flights: Aditya Ghosh
9 months, 2 weeks ago

Akasa Air to become profitable and launch more international flights: Aditya Ghosh

Hindustan Times  

Akasa Air is well on the path to profitability and will fly to more international destinations, including in South Asia and Southeast Asia, according to its Co-Founder Aditya Ghosh. When a customer-focused and employee-centric organisation is being built, it is also important to build a financially sustainable business, Ghosh said and emphasised that Akasa Air is well on the path …

India has incredibly affordable airfares, says Akasa Air CEO Vinay Dube
1 year ago

India has incredibly affordable airfares, says Akasa Air CEO Vinay Dube

New Indian Express  

NEW DELHI: India has "incredibly affordable" airfares and the country's aviation market has the kind of growth potential where Akasa Air as well as other carriers can do well, according to the nearly two-year-old airline's chief Vinay Dube. As Akasa Air prepares to take the international skies on March 28 with the first overseas flight from Mumbai to Doha, Dube …

Akasa Air: First Mumbai to Doha flight on March 28 to bolster Qatar-India connectivity
1 year, 1 month ago

Akasa Air: First Mumbai to Doha flight on March 28 to bolster Qatar-India connectivity

Hindustan Times  

In less than two years of commencing operations, Akasa Air will start international services with its first flight to Doha from Mumbai on March 28. Akasa Air: First Mumbai to Doha flight on March 28 to bolster Qatar-India connectivity "Starting 28 March 2024, Akasa Air will operate four non-stop flights a week, connecting Mumbai with Doha, enhancing air connectivity between …

Akasa Air to Cancel 4 Mumbai-Bengaluru Flights Daily from Feb 15-Mar 30
1 year, 1 month ago

Akasa Air to Cancel 4 Mumbai-Bengaluru Flights Daily from Feb 15-Mar 30

News 18  

Akasa Air on Tuesday said it will be cancelling four flights daily between the city and Bengaluru following government guidelines issued to reduce congestion at the Mumbai airport. The civil aviation ministry has asked Mumbai airport operator MIAL to cut the number of scheduled flights and also restrict private jet operations for longer hours, according to reports. In a statement, …

Boeing makes further inroads in the Indian aviation market with big Akasa Air order
1 year, 2 months ago

Boeing makes further inroads in the Indian aviation market with big Akasa Air order

Hindustan Times  

The much-awaited “triple digit” order from Akasa Air was finally signed at Wings India yesterday. Visitors gathered near an Akasa Air aircraft during the 'Wings India 2024', an exhibition and conference on civil aviation, at the Begumpet Airport in Hyderabad on January 18, 2024. After the fall of Jet Airways, there were less than 100 Boeing narrowbodies in India as …

Akasa in $20-bn deal to soar higher with 150 Boeing planes
1 year, 2 months ago

Akasa in $20-bn deal to soar higher with 150 Boeing planes

Live Mint  

New Delhi: Akasa Air has placed an order with US aircraft manufacturer Boeing for an additional 150 narrow-body 737 MAX planes that will cost India’s youngest airline an estimated $20 billion. In 2021, Akasa Air had placed its initial order of 72 Boeing 737 MAX aircraft, which was followed up with an order of 4 Boeing 737 MAX 8 aircraft …

India’s newest airline orders 150 Boeing Max aircraft, in good news for plane maker
1 year, 2 months ago

India’s newest airline orders 150 Boeing Max aircraft, in good news for plane maker

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy India’s newest airline will buy …

Akasa Air Boosts Fleet with 150 Additional Boeing 737 MAX Jets
1 year, 2 months ago

Akasa Air Boosts Fleet with 150 Additional Boeing 737 MAX Jets

Deccan Chronicle  

Hyderabad: Boeing and Akasa Air have jointly announced a substantial expansion of the Indian carrier's fleet with an order for 150 more Boeing 737 MAX aircraft. The confirmation was made at the Wings India 2024 airshow, where Akasa Air revealed plans to leverage the fuel-efficient 737 MAX family for both domestic and international growth. Akasa Air, an all-737 operator since …

Akasa Air orders 150 Boeing 737 Max aircraft
1 year, 2 months ago

Akasa Air orders 150 Boeing 737 Max aircraft

Hindustan Times  

Akasa Air has ordered 150 B737 Max aircraft, the airline announced on Thursday at the Wings India Air show which is currently being held in Hyderabad. Akasa Air said that it is the only Indian airline in the history of civil aviation to reach an order book of over 200 aircraft within a span of 17 months of commencing operations …

Jhunjhunwala-backed Akasa Air orders 150 Boeing 737 MAX aircraft
1 year, 2 months ago

Jhunjhunwala-backed Akasa Air orders 150 Boeing 737 MAX aircraft

Hindustan Times  

India's low-cost carrier Akasa Air has placed an order for 150 Boeing 737 MAX aircraft to solidify its position as a major player in the rapidly growing Indian aviation market. This is also the first major order announcement for Boeing's troubled MAX jetliner programme since a mid-air cabin panel blowout this month. The latest order, comprising of 737 MAX 10 …

Jhujhunwala's Akasa Air beats out Air India, Indigo in Centre's on-time performance rankings; check list here
1 year, 3 months ago

Jhujhunwala's Akasa Air beats out Air India, Indigo in Centre's on-time performance rankings; check list here

Hindustan Times  

Akasa Air has now beat top Indian airlines like Air India and Indigo for having the best on time performance, according to the ranking list released by the Ministry of Civil Aviation. Akasa Air tops the Civil Aviation Ministry's OTP rankings Aviation Ministry released the data for the on-time performance matrix, where Akasa Air was on the first rank with …

Akasa Air CEO says not possible to list on exchanges by 2027
1 year, 5 months ago

Akasa Air CEO says not possible to list on exchanges by 2027

Live Mint  

Akasa Air, the latest entrant in the domestic aviation space, will not be launching an initial public offering and listing on stock exchanges by 2027, the carrier's chief executive officer Vinay Dubey was reported as saying on October 22. Dube, while speaking to news agency PTI, said that listing by the end of this decade would be a “much more …

Akasa Air gets govt nod to fly international routes
1 year, 6 months ago

Akasa Air gets govt nod to fly international routes

The Hindu  

Mumbai-headquartered budget airlines Akasa Air has received the Union Government’s nod to start international flights, which it is likely to do before the year-end, the company announced, despite mass flight cancellations in the past three months as more than 40 pilots walked out to join rival Tata-led Air India Express. The Ministry of Civil Aviation has designated Akasa Air as …

Akasa Air flying less after some pilots quit abruptly
1 year, 6 months ago

Akasa Air flying less after some pilots quit abruptly

The Hindu  

Indian budget carrier Akasa Air is flying less and will give up market share in the short term to ensure it runs a reliable operation after some pilots quit the airline, CEO Vinay Dube told employees in an email late on September 20. "When a small set of pilots abandoned their duties and left without serving their mandatory contractual notice …

Akasa sues 43 pilots for joining other airlines without serving a notice period
1 year, 6 months ago

Akasa sues 43 pilots for joining other airlines without serving a notice period

Live Mint  

Akasa Airline has decided to take legal action against 43 pilots who joined other airline/s without serving the notice period. "We have sought legal remedy only against a small set of pilots who abandoned their duties and left without serving their mandatory contractual notice period," an Akasa Air spokesperson said. As per a June report, Akasa Air announced that from …

Akasa Air gets 20th aircraft, now eligible to fly international routes
1 year, 7 months ago

Akasa Air gets 20th aircraft, now eligible to fly international routes

The Hindu  

Akasa Air welcomed its 20th aircraft in Bengaluru becoming the first airline in Asia to add the 737-8-200 variant of Boeing 737 MAX aircraft to its fleet. Going from 0 to 20 aircraft within 12 months is not just an Akasa record, but a record that encapsulates the potential of our great country, and one for our whole nation to …

Akasa Air is a long-term bet for Jhunjhunwala family: CEO
1 year, 8 months ago

Akasa Air is a long-term bet for Jhunjhunwala family: CEO

Live Mint  

NEW DELHI : Akasa Air is a long-term investment for Rare Enterprises and the Rakesh Jhunjhunwala family, the airline’s founder and chief executive officer Vinay Dube said, pointing to the lengthy investment horizons of the late legendary investor. Akasa was the last of the investments that Rakesh made and one of the things that he had the greatest emotional ties …

Akasa Air adds four aircraft to its original order book of 72 Boeing 737 Max
1 year, 9 months ago

Akasa Air adds four aircraft to its original order book of 72 Boeing 737 Max

Live Mint  

Indian budget carrier Akasa Air has placed an order for four Boeing 737 Max jets, both companies said on Wednesday, the latest in a spate of orders by the country's airlines. Akasa Air, India’s newest airline, today announced an order for four additional Boeing 737-8 jets at the ongoing Paris Air Show, a follow-up to the already placed order of …

Akasa Air eyes $75-100 million via fresh equity: Report
1 year, 9 months ago

Akasa Air eyes $75-100 million via fresh equity: Report

Live Mint  

Akasa Air, a new Indian airline supported by the late billionaire Rakesh Jhunjhunwala, is planning to raise $75-100 million through the issuance of new shares in order to expand its operations. Akasa Air has approached potential investors, including private equity firms and high net-worth individuals, to raise funds for its expansion, according to sources. Additionally, one of the individuals mentioned …

Govt. right in intervening on airfare surge: Akasa Air
1 year, 9 months ago

Govt. right in intervening on airfare surge: Akasa Air

The Hindu  

The government is right in intervening over the issue of price gouging by airlines, says Akasa Air founder, Vinay Dube, days after a government advisory to airlines in the aftermath of the train crash in Odisha. don’t take advantage as people have to fly, don’t take advantage that you have a monopoly on a particular route,” Akasa Air founder and …

India has one of the best airfare regimes; there should be no 'gouging': Akasa Air CEO
1 year, 9 months ago

India has one of the best airfare regimes; there should be no 'gouging': Akasa Air CEO

The Hindu  

India has one of the best airfare regimes in the world, but there should not be "gouging" in terms of ticket prices to take advantage of a particular situation, according to Akasa Air CEO Vinay Dube. His comments come against the backdrop of concerns about a steep rise in airfares in certain routes amid capacity reduction due to the Go …

Domestic airlines record 43% rise from Jan-Apr in number of passengers
1 year, 10 months ago

Domestic airlines record 43% rise from Jan-Apr in number of passengers

Live Mint  

As per the latest data of DGCA, domestic airlines carried 503.93 lakh passengers between January to April 2023, as against 352.70 lakhs during the corresponding period of the previous year thereby registering an annual growth of 42.88 %. Indigo continued to hold its leadership position, while late market mogul Rakesh Jhunjhunwala-backed Akasa Air is gaining strong traction in terms of …

Akasa Air to hire nearly 1,000 people by March 2024
2 years ago

Akasa Air to hire nearly 1,000 people by March 2024

India TV News  

Akasa Air to hire nearly 1,000 people by March 2024 The announcement by Akasa Air to hire nearly 1,000 people by March 2024 will help dispel the pessimism prevailing due to a streak of layoffs by big firms. Amid numbers of laying off news, an Indian low-cost airline Akasa Air announced to hire nearly 1,000 people by the end of …

'Well deserved change': Akasa Air passenger posts photo of air hostess in new uniform
2 years ago

'Well deserved change': Akasa Air passenger posts photo of air hostess in new uniform

India TV News  

An Akasa Air passenger shared a photo of a cabin crew member who was wearing custom trousers, a jacket and sneakers on-board flight saying it was happy to see a well deserved change. Taking to LinkedIn, a user named Diksha Mishra shared the post saying, "I recently took a flight from Akasa Air and was suprised but really happy to …

Akasa Air to hit foreign skies by end of 2023
2 years ago

Akasa Air to hit foreign skies by end of 2023

The Hindu  

Late Rakesh Jhunjhunwala-backed Akasa Air, the new entrant in the Indian civil aviation sector, said it will start international operations to destinations that match the capability of Boeing 737 MAX’ by the end of calendar 2023. Vinay Dube, Founder and Chief Executive Officer, Akasa Air told The Hindu in Bengaluru that the airline would introduce international flights by the end …

Akasa Air Intends to Purchase More Than 100 Aircraft
2 years ago

Akasa Air Intends to Purchase More Than 100 Aircraft

News 18  

While Akasa Air has already placed a firm order for 72 Boeing 737 MAX airplanes, the low-cost airline has plans of placing an order for over 100 aircraft in the time to come. Akasa Air has completed six months of operation, and with the delivery of one aircraft every 15 days, the airline has reached a fleet size of 17 …

Akasa Air commences services from Hyderabad
2 years, 2 months ago

Akasa Air commences services from Hyderabad

Deccan Chronicle  

Hyderabad: India’s newest airline, Akasa Air has announced its arrival into Telangana with the launch of its 13th domestic destination in Hyderabad. In an interview with Deccan Chronicle, Praveen Iyer, Co-Founder and Chief Commercial Officer and Belson Coutinho, Co-founder and Chief Marketing & Experience Offices, Akasa Air, open about the essence of the new airline and talk about the values …

Akasa Air to operate 2 flights daily on Bengaluru-Visakhapatnam route
2 years, 3 months ago

Akasa Air to operate 2 flights daily on Bengaluru-Visakhapatnam route

Hindustan Times  

Akasa Air - India's newest airline - is set to operate flights between Bengaluru in Karnataka and Visakhapatnam in Andhra Pradesh - its tenth destination - twice daily starting Saturday. Akasa Air to operate 2 flights daily on Bengaluru-Visakhapatnam route Visakhapatnam is the airline's fourth destination in south India. In November, Akasa Air launched its thrice daily Pune-Bengaluru service. The …

Akasa Air starts Visakhapatnam-Bengaluru flight today from today. Details here
2 years, 3 months ago

Akasa Air starts Visakhapatnam-Bengaluru flight today from today. Details here

Live Mint  

Domestic carrier Akasa Air announced its plans to launch services to Visakhapatnam from Bengaluru, starting December 10, which will be the airline's 10th destination since its launch in August this year. Akasa Air will launch two daily flights on the Bengaluru-Visakhapatnam route, with the first frequency starting from December 10 and the second frequency from December 12, the airline said …

Akasa Air begins flight service between Bengaluru and Pune
2 years, 3 months ago

Akasa Air begins flight service between Bengaluru and Pune

Hindustan Times  

India’s newest airline Akasa Air launched a new flight service between Pune and Bengaluru on Saturday. Now enjoy 3 daily direct flights between Pune and Bengaluru.” Earlier, Praveen Iyer, the co-founder of Akasa Air, said that the new flight service will increase the connectivity between Pune and Bengaluru. The new flight services will not only offer enhanced connectivity and options …

Akasa Air to launch services on Vizag-Bengaluru route
2 years, 4 months ago

Akasa Air to launch services on Vizag-Bengaluru route

Hindustan Times  

Domestic carrier Akasa Air announced its plans to launch services to Visakhapatnam from Bengaluru, starting December 10, which will be the airline's 10th destination since its launch in August this year. The city-based airline recently announced connecting Pune and Bengaluru with double daily flights from November 26 and a third frequency on the route from December 10. READ | AirAsia’s …

Rakesh Jhunjhunwala-led Akasa Air adds Pune as ninth destination in its network
2 years, 4 months ago

Rakesh Jhunjhunwala-led Akasa Air adds Pune as ninth destination in its network

Live Mint  

Rakesh Jhunjhunwala-backed Akasa Air on Wednesday strengthens its connectivity by adding Pune as the ninth destination to its network. Akasa Air will commence double daily flights on the Bengaluru-Pune route starting with its first frequency on November 23, 2022, and the second frequency will be added from November 26, 2022, onwards. Praveen Iyer, Co-Founder, and Chief Commercial Officer, of Akasa …

Attention Pet Lovers! Take your fur babies on Akasa planes from Nov 1
2 years, 5 months ago

Attention Pet Lovers! Take your fur babies on Akasa planes from Nov 1

Live Mint  

Akasa Air, backed by billionaire investor late Rakesh Jhunjhunwala, will soon allow travelers to carry their domesticated dogs and cats in cabin and cargo, said CEO Vinay Dube in a press conference here. The newly launched carrier chief executive also said that the airline's performance in the first 60 days since starting operations has been "satisfying". Recently, Akasa Air has …

Rakesh Jhunjhunwala's Akasa Air to allow pets in cabin and cargo, booking starts from 15 October
2 years, 5 months ago

Rakesh Jhunjhunwala's Akasa Air to allow pets in cabin and cargo, booking starts from 15 October

Firstpost  

Currently, Air India, Jet Airways, SpiceJet and Vistara allow pets onboard. IndiGo and Air Asia, however, do not permit them unless it’s a service animal New Delhi: Akasa Air has decided to allow domesticated dogs and cats in cabin and cargo. “We will now allow pets on board on Akasa flights as part of our commitment to creating an inclusive …

Akasa Air partners with RateGain for dynamic allocation of airfares
2 years, 5 months ago

Akasa Air partners with RateGain for dynamic allocation of airfares

Live Mint  

Akasa Air, a recently launched airline, has teamed up with RateGain Travel Technologies to collect real-time air travel data that will aid the airline in setting dynamic fares. Praveen Iyer, co-founder and Chief Commercial Officer of Akasa Air, said, "AirGain's nimble solution delivering real-time air travel information across channels will help us achieve a dynamic allocation of fares." On 7 …

Akasa Air Operates First Flight
2 years, 7 months ago

Akasa Air Operates First Flight

News 18  

After successfully taking off on the Mumbai-Ahmedabad and Bengaluru-Kochi routes, Akasa Air, India’s newest airline, this Friday inaugurated its first service on the Bengaluru-Mumbai route enabling it to offer twice-daily flights in each direction. In line with the airline’s vision of adopting a phased approach to grow its network across India, Akasa Air has already announced flights for six routes …

’Can’t thank Jhunjhunwala enough...’: Akasa Air promises to honour his legacy
2 years, 7 months ago

’Can’t thank Jhunjhunwala enough...’: Akasa Air promises to honour his legacy

Live Mint  

Paying tribute to Rakesh Jhunjhunwala who died early on Sunday at age 62, Akasa Air expressed gratitude for the faith that Jhunjhunwala bestowed on it to “build a world-class airline.” Akasa Air was one of the business ventures of Veteran stock market investor Rakesh Jhunjhunwala who passed away on Sunday morning. Akasa Air will honour Mr. Jhunjhunwala's legacy, values and …

Rakesh Jhunjhunwala, ‘India’s Warren Buffet’, to be paid last respects today
2 years, 7 months ago

Rakesh Jhunjhunwala, ‘India’s Warren Buffet’, to be paid last respects today

Hindustan Times  

Rakesh Jhunjhunwala - who was often called ‘India’s Warren Buffet' - would be paid last respects in Mumbai on Sunday evening where the final rites of the billionaire investor would be performed. “We at Akasa cannot thank Mr. Jhunjhunwala enough for being an early believer in us and putting his trust and faith in us to build a world-class airline. …

‘A colossal loss’: Air India's message to Akasa Air on Rakesh Jhunjhunwala's demise
2 years, 7 months ago

‘A colossal loss’: Air India's message to Akasa Air on Rakesh Jhunjhunwala's demise

Hindustan Times  

Tata Sons-owned Air India on Sunday sent its condolences to India's newest airline, Akasa Air, after one of its co-founders, billionaire investor Rakesh Jhunjhunwala, passed away at the age of 62 in Mumbai. Jhunjhunwala passed away exactly a week after Akasa commenced its commercial operations, with the budget carrier's maiden flight operating between Mumbai and Ahmedabad. Meanwhile, Vinay Dube, CEO, …

Rakesh Jhunjhunwala’s legacy grew richer with Akasa Air, India’s newest airline
2 years, 7 months ago

Rakesh Jhunjhunwala’s legacy grew richer with Akasa Air, India’s newest airline

Hindustan Times  

Billionaire investor Rakesh Jhunjhunwala - who was often called ‘India’s Warren Buffett’ - would be remembered by investors across the country as a role model. A month after the airline received clearance from the aviation regulator DGCA, the union minister - on August 7 - inaugurated Akasa Air's first flight that took off from Mumbai to Ahmedabad. Jhunjhunwala - who …

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