India’s Akasa Air announces lease mandate for five 737-8 MAXs

June 10th 2022

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India’s newest carrier, Akasa Air, has signed a purchase and leaseback agreement with Griffin Global Asset Management for five 737 MAX 8 aircraft with deliveries to begin this month. Read More » “We were introduced to Akasa Air’s management team more than a year ago and have watched with excitement as it has skilfully built the airline from the ground up,” Griffin CEO, Ryan McKenna, said. Akasa Air CEO, Vinay Dube, said the “high degree of confidence and endorsement” from Griffin was a testimony to the airline's “robust and sustainable future”. Previously, Akasa Air has said it intended to launch commercial operations next month.