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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.
Rakesh Radheyshyam Jhunjhunwala [3] (5 July 1960 – 14 August 2022) was an Indian billionaire investor, stock trader, and Chartered Accountant.He began investing in 1985 with a capital of ₹5,000, with his first major profit in 1986.
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]
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.
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Eastern Air: EASAIR Zambia EAX Eastern Air Executive: EASTEX United Kingdom EA EAL Eastern Air Lines: EASTERN United States defunct EAL Eastern Air Lines: EASTERN United States 2015 [3] T3 EZE Eastern Airways: EASTFLIGHT United Kingdom QF EAQ Eastern Australia Airlines: EASTERN Australia IATA dupe with parent QANTAS. Also uses 2 letter ICAO EA. ECI
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