The government has given a go ahead to billionaire investor Rakesh Jhunjhunwala backed startup airline Akasa. The aviation ministry has issued the no objection certificate (NOC) and now it will need to apply for air operator permit (AOP or licence) from the DGCA. The proposed ultra low cost carrier (LCC) is being piloted by aviation veteran Vinay Dube and could start flying early next year.
Read more here:: India News Times