Akasa Air is well-capitalised, to add one aircraft every two weeks: CEO

Vinay Dube said the airline was well-capitalised to induct 72 aircraft over next 5 years, while mourning the death of Akasa's top backer and ace investor Rakesh Jhunjhunwala who passed away on Sunday

Akasa Air is well-capitalised and its growth is secure with the financial means to place an order for more planes, its chief Vinay Dube said on Wednesday, days after the passing away of the airline's key investor Rakesh Jhunjhunwala.

The carrier, which took to the skies on August 7, received its third aircraft on August 16 and the same will be used for flights on the Mumbai-Bengaluru route shortly.

With the passing away of ace investor Jhunjhuwala, whose backing itself had provided a tailwind for the country's newest airline, the future trajectory of the airline will be closely watched.

Against this backdrop, Dube