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SNV Aviation Private Limited (d/b/a Akasa Air), [7] is an Indian low-cost airline headquartered in Mumbai, Maharashtra, India. [8] It was founded by Vinay Dube and Aditya Ghosh with investor Rakesh Jhunjhunwala holding a 46% stake in the airline.
As of February 2024, the new airline has 24 aircraft and flies to 19 cities. Rakesh had increased his stake in the airline to 46% becoming the largest stakeholder in the company prior to his death. His final appearance was at the inaugural event of Akasa Air and he later flew on the airline's first flight between Mumbai and Ahmedabad on 7 August.
The following is a list of low-cost carriers organised by home country. A low-cost carrier or low-cost airline (also known as a no-frills, discount or budget carrier or airline) is an airline that offers generally low fares in exchange for eliminating many traditional passenger services.
He is the co-founder of Akasa Air with Vinay Dube . [1] [2] [3] Ghosh was also the CEO of OYO Hotel & Homes, [4] South Asia and currently serves as a member of its board. [5] He is a member of the board of management at Ashoka University [6] and a visiting faculty at the university's Department of Entrepreneurship. [7] [8]
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