Chennai, Aug 17: India’s new private airline Akasa Air founded by late broker-investor Rakesh Jhunjhunwala on Wednesday said that it has the financial means to induct 72 aircraft over the next five years.
The company added that it has received its third aircraft in Delhi which will be put into operation in the Mumbai-Bengaluru sector shortly. “We will continue to grow our fleet by adding one new aircraft every two weeks,” Vinay Dube, Founder, and CEO said in a statement.
“Thanks in no small part to Jhunjhunwala, for which we will always be grateful, Akasa Air is a well-capitalized airline with the financial means to induct 72 aircraft over the next five years,” he added.
“In fact, our financial platform is strong enough to allow Akasa to place an aircraft order in the next 18 months that will be significantly larger than our first. In simple terms, our growth is secure,” he said.
According to Dube, Akasa Air will honor Jhunjhunwala’s legacy, values, and belief in us by striving to run an extraordinary airline.
Meanwhile, a questionnaire sent to Akasa Air several days back on its finances, business plan, fleet and route expansion, financing model for the aircraft, and marketing strategy, among others, remained unanswered.
