• First time in eight years – a domestic jet aircraft with new livery seen in Indian skies Leadership Team takes delivery at IGI Airport in New Delhi

National, 21 June 2022: Akasa Air, India’s newest and most dependable airline, today, welcomed the arrival of the first of its 72 Boeing 737 MAX aircraft, at the Indira Gandhi International Airport, in the presence of its leadership team. The airline received the ceremonial keys for the aircraft at Seattle, USA on June 15 th , 2022. The delivery of Akasa Air’s first aircraft brings the airline closer to obtaining its Air Operator’s Permit (AOP), which is required for it to launch commercial operations in the country. It is backed by Rakesh Jhunjhunwala.

Commenting on the timely arrival of the aircraft, Vinay Dube, Founder, Managing Director & Chief Executive Officer, Akasa Air said, The arrival of our first aircraft is a very happy moment for all of us and marks an important milestone, bringing us closer to our vision of building India’s greenest, most dependable, and most affordable airline.

Akasa Air is a prime example of the progress made by Indian aviation in recent years and is also a testimony to the country’s vibrant start-up ecosystem. This is not just a significant milestone for us and Indian aviation, but it’s the story of a new India”, added, Dube.

“We are proud to partner with Akasa Air as they embark on their journey towards making air travel inclusive and affordable for all,” said Salil Gupte, president, Boeing India. “India is one of the fastest-growing economies in the world and offers enormous growth and productivity opportunities for the aviation industry. We are excited that the advanced 737 MAX will help Akasa Air drive efficiencies in business and operations while providing its customers with a superior flying experience,” he added.

Akasa Air’s brand new aircraft arrives at a time when India’s aviation market is finally witnessing a good recovery following a long slump because of the COVID-19 pandemic. As per credit ratings agency ICRA, the recovery in domestic passenger traffic has been strong post-Omicron and has reached 98% of pre-COVID levels in April and May 2022.

About Akasa Air

Akasa Air will be India’s newest and most dependable airline, offering warm and efficient customer service, reliable operations, and affordable fares – all in the Akasa Way. Akasa’s youthful personality, employee- centric philosophy, tech-led approach, and culture of service will make this commitment a reality for all Indians. The carrier plans to offer commercial flights starting in the summer of 2022 to support the growing demand across India.

With a commitment to being socially responsible, Akasa Air has placed a firm order of 72 Boeing 737 MAX airplanes, powered by CFM fuel efficient, LEAP-1B engines. The 737 MAX family aircraft deliver superior

efficiency in reducing fuel use and carbon emissions, fulfilling the airline’s promise of being an environmentally friendly company with the youngest and greenest fleet in the Indian skies.

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Ka-Chow!