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    Home » Akasa Air is going to do this work, no airlines could do it in the history of 120 years
    Business

    Akasa Air is going to do this work, no airlines could do it in the history of 120 years

    ntexpressBy ntexpressJune 23, 2023No Comments2 Mins Read
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    Akasa Air Image Credit source: Official Site

    Only about 120 years have passed since the invention of the aeroplane. In this entire history of this invention that brought the world closer, many airlines were born, many died, but no airline could do what India’s youngest airline ‘Akasa Air’ is going to do.

    While in India, big airlines like Air India and IndiGo are placing orders for about 500 aircraft. On the other hand, the sword of closure hangs on Go First and SpiceJet. In such a situation, Akasa Air is going to get its 20th aircraft soon.

    Read this news: Boeing will invest 820 crores in India, will do this work

    This did not happen in the history of 120 years

    Akasa Air’s 20th aircraft is being delivered within a year of the start of its operation. It is claimed that this has never happened in the aviation sector of the whole world in 120 years when an airline has reached a fleet of 20 aircraft from zero in the very first year of its operation.

    He will get the 20th aircraft of Akasa Air in July. The company has placed orders for 4 additional Boeing 737-8 jet planes at the Paris Air Show. The company aims to take its aircraft fleet to 72 planes by March 2027. By the end of this year, it is expected that the company can order more than 100 of its planes for the coming time.

    See also: Adani shares lost 52000 crores in a day due to a question from America

    Increasing market share of Akasa Air

    The market share of Akasa Air is also increasing continuously. When it was launched in August last year, its market share was 0.2 percent. Now in May this year it has increased to 4.8 percent. However, some contribution in this is also due to the closure of Go First flights. In August, only 24,000 passengers flew with the airlines, now their number has increased to 6.29 lakh in May this year.

    Akasa Air was started by veteran stock market investor Bigbull Rakesh Jhunjhunwala. He died shortly after its launch.

    Akasa Air Aviation sector Boeing 737 Indian aviation industry Rakesh Jhunjhunwala
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