Rakesh Jhunjhunwala-backed Akasa Air receives NOC from DGCA; aims to start flight operations by 2021-end-February 2024-www.financetom.com

Rakesh Jhunjhunwala-backed Akasa Air receives NOC from DGCA; aims to start flight operations by 2021-end

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Rakesh Jhunjhunwala-backed Akasa Air receives NOC from DGCA; aims to start flight operations by 2021-end

Aug 5, 2021 1:39 PM

Billionaire investor Rakesh Jhunjhunwala-promoted airline venture Akasa Air has received the no-objection certificate (NOC) from the Civil Aviation Ministry and the Directorate General of Civil Aviation (DGCA) and now aims to commence flight operations by the end of 2021, CNBC-TV18 has learnt.

The upcoming airline has been in the works since the end of 2020 and former Chief Executive Officer of Jet Airways and GoAir, Vinay Dube, is expected to play a key role in the airline. CNBC-TV18 had exclusively reported in March 2021 that Dube plans to start a domestic airline in 2021 with five aircraft initially.

Akasa Air is expected to be based in Bengaluru and it plans to have a route network close to the city such as Bengaluru-Mumbai, Bengaluru-Chennai, Bengaluru-Hyderabad, among others, sources said.

Watch video for more.

(Edited by : Bivekananda Biswas)

Previous page： First Solar Insider Sold Shares Worth $1,094,020, According to a Recent SEC Filing Next page： First Solar Insider Sold Shares Worth $1,267,986, According to a Recent SEC Filing

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

First Solar Insider Sold Shares Worth $1,094,020, According to a Recent SEC Filing

Jun 3, 2024

03:20 AM EDT, 06/03/2024 (MT Newswires) -- Michael T Sweeney, Director, on May 30, 2024, sold 4,000 shares in First Solar ( FSLR ) for $1,094,020. Following the Form 4 filing with the SEC, Sweeney has control over a total of 16,692 shares of the company, with 16,692 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1274494/000112760224017149/xslF345X03/form4.xml Price: 271.10, Change: -0.66, Percent Change:...

First Solar Insider Sold Shares Worth $1,267,986, According to a Recent SEC Filing

Jun 3, 2024

03:20 AM EDT, 06/03/2024 (MT Newswires) -- Michael Koralewski, Chief Supply Chain Officer, on May 30, 2024, sold 4,646 shares in First Solar ( FSLR ) for $1,267,986. Following the Form 4 filing with the SEC, Koralewski has control over a total of 7,766 shares of the company, with 7,766 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1274494/000112760224017151/xslF345X03/form4.xml Price: 271.10, Change: -0.66,...

Intuit Insider Sold Shares Worth $8,368,023, According to a Recent SEC Filing

Jun 3, 2024

03:19 AM EDT, 06/03/2024 (MT Newswires) -- Scott D Cook, Director, Chair of the Executive Committee, on May 30, 2024, sold 14,748 shares in Intuit (INTU) for $8,368,023. Following the Form 4 filing with the SEC, Cook has control over a total of 6,951,721 shares of the company, with 6,951,721 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/896878/000141588924015097/xslF345X03/form4-05312024_110507.xml Price: 574.05, Change: -2.39, Percent...

Moderna Insider Sold Shares Worth $2,901,585, According to a Recent SEC Filing

Jun 3, 2024

03:21 AM EDT, 06/03/2024 (MT Newswires) -- Noubar Afeyan, Director, on May 29, 2024, sold 20,000 shares in Moderna ( MRNA ) for $2,901,585. Following the Form 4 filing with the SEC, Afeyan has control over a total of 11,627,969 shares of the company, with 1,961,931 shares held directly and 9,666,038 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1682852/000095017024067560/xslF345X03/ownership.xml Price: 142.80, Change: +0.25,...