Low costs, quick ramp up to be gameplan of Rakesh Jhunjhunwala's Akasa

Reduced lease rents, easy availability of pilots and expected buoyancy in air traffic will help the airline as it aims to begin operations next summer

Topics
Rakesh Jhunjhunwala | Airline | low cost airlines

Aneesh Phadnis & Arindam Majumder  |  Mumbai/Delhi 

Akasa, the proposed airline backed by ace investor Rakesh Jhunjhunwala, can use the startup advantage to design a low-cost structure and get an edge over its financially weaker rivals, say industry sources. Reduced lease rents, easy availability of pilots and expected buoyancy in air traffic will also help the airline as it aims to begin operations next summer.

Industry sources expect Akasa to induct 20 planes within a few months of launch which could help it earn valuable sale and lease back income and achieve a certain scale to take on competition. Akasa, which has been ...

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First Published: Thu, August 05 2021. 19:30 IST
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