Meet the key faces behind Rakesh Jhunjhunwala’s new airline venture

Rakesh Jhunjhunwala is planning to start a new ultra-low-cost airline within the next four years. Here are some of the key figures who will be a part of the ace investor's new airline venture.

Aviation veteran and former president of IndiGo Aditya Ghosh will assist ace investor Rakesh Jhunjhunwala to launch an ultra-low-cost airline. The development comes after Rakesh Jhunjhunwala said he plans to start an airline with a fleet of 70 aircraft within the next four years. Billionaire Rakesh Jhunjhunwala is planning to launch Akasa Air along with former Jet Airways CEO Vinay Dube. Reports suggest that the airline will be modelled similar to Irish ultra-low-cost Ryanair. It may be noted that it is one of the most successful and aggressive low-cost carriers in the world.