Published on: October 12, 2021
What is in news : Aviation venture SNV Aviation, which is planning an airline under the Akasa brand, has received a no-objection certificate from the Ministry of Civil Aviation.
- Being launched by Rakesh Jhunjhunwala
- Based on ULCC (ultra-low cost carriers ) airline business model
- Company focuses on keeping operating costs even lower than typical budget airlines
- Airlines unbundle certain amenities that are usually associated with the full-service airline experience — like seat selection, food and beverage