Griffin global assessment management mandates the purchase of five Boeing aircrafts for Akasa Air – Times of India

Griffin global assessment management mandates the purchase of five Boeing aircrafts for Akasa Air - Times of India

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PUNE: Griffin Global Asset Management recently announced the mandate for purchase and leaseback of five Boeing 737-8 aircraft with Akasa Air, the new India based airline.
The aircraft deliveries are scheduled to begin in June this year and will include Akasa Air’s first several aircraft.
“We were introduced to Akasa Air’s management team over a year ago and have watched with excitement as they skillfully built the airline from the ground up. We are honored to enter into this long-term relationship right from Akasa’s launch. They have developed a business strategy that addresses a need in the market and assembled a very impressive team to execute that plan,” said Ryan McKenna, Griffin’s Chief Executive Officer.
Commenting on the alliance, Vinay Dube, Founder, Managing Director and CEO at Akasa Air said, “We are pleased to have Griffin as our partners in growth as we embark on our aviation journey. The high degree of confidence and endorsement from the Griffin team is a testimony to Akasa Air’s robust and sustainable future.”
Akasa is expected to start flight operations from the later half of the year.



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