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AKASA AIR FUNDING
Air India: As Campbell Wilson readies for departure, N Chandrasekaran enters the cockpitChandrasekaran has called for closer coordination across the airline’s departments. Key divisions such as flight operations, commercial str...
India’s youngest airline adds flights while Iran war crimps rivalsIndia's youngest airline, Akasa Air, is emerging as a significant competitor, expanding capacity by 13.2% while major carriers like IndiGo ...
Technophiles India hosts Dine with AlphaSec III in Mumbai, bringing together India’s cybersecurity leaders to address emerging digital risks
Akasa Air awaits security approval for inducting new board membersAkasa Air is set to welcome new board members, pending security approval. With fresh investments from Premji Invest and Claypond Capital, t...
Akasa Air will look at IPO in next 2-5 years, says CEO Vinay DubeAkasa Air will look at an initial public offering in the next two to five years, its Founder and CEO Vinay Dube said on Wednesday and asser...
Akasa Air co-founder & Senior VP Neelu Khatri quits airlineAkasa Air's Co-founder and Senior Vice President – International, Neelu Khatri, has decided to leave the company. Khatri was a key member o...
Akasa Air completes strategic investment transactions; Premji Invest, 360 ONE Asset among new investment partnersAkasa Air has finalized strategic investment deals, welcoming Premji Invest, 360 ONE Asset, and Dr. Ranjan Pai's investment office as partn...
Premji Invest, Ranjan Pai family office seek CCI nod to acquire stakes in Akasa AirTech tycoon Azim Premji's global investment arm and the Manipal Group Chief Ranjan Pai's family office have sought CCI approval to acquire ...
Premji Invest, Ranjan Pai invests in Akasa AirAkasa Air has secured around $135 million from Premji Invest, Claypond Capital, and 360 ONE Asset for expansion, with the Jhunjhunwala fami...
Akasa Air expects to add a few more planes this fiscalAkasa Air plans to add more Boeing 737 MAX planes to its fleet this fiscal year. The airline is discussing delivery schedules with Boeing. ...
Rakesh Jhunjhunwala's lofty bet has grown fourfold: What lies aheadIn 2021, Vinay Dube launched Akasa Air, backed by investor Rakesh Jhunjhunwala. Despite initial losses, the airline's valuation has grown t...
Akasa Air eyes flights to Asia’s tourist hotspots like Thailand & MalaysiaAkasa Air is expanding its international network across Southeast Asia and the Indian subcontinent to cater to the growing demand for overs...
Akasa Air plans to list by end of decadeIndian airline Akasa Air plans to list on the stock exchange by the end of the decade, according to CEO Vinay Dube. The airline, which curr...
Akasa Air, Air India Express spar over poaching of Boeing 737 Max pilotsMediation efforts by sector regulator Directorate General of Civil Aviation (DGCA) have not helped and both Akasa and Air India Express are...
Akasa Air's international ambitions get wings, co adds 20th aircraft to fleetAkasa Air on Tuesday announced that the carrier has added the 20th aircraft to its fleet, making it eligible to fly internationally. The co...
Akasa Air has ample fuel to go for three-digit aircraft order, says CEO DubeIndian airline Akasa Air is set to place a "three-digit" aircraft order by the end of the year as it enjoys a solid cash position following...
Akasa Air: An airline with Jhunjhunwala's Midas touch is flying high. Where is it headed?Akasa Air, India's young airline, has become the first airline in the global aviation industry to increase its fleet from zero to 20 aircra...
India’s Akasa Air in talks for follow-on Boeing jet orderFunding is one obstacle, after the death of Akasa’s billionaire founder and the failure of India’s Go Airlines, they said, adding there’s n...
Akasa Air eyes $75-100 mn via fresh equity, move to dilute Jhunjhunwala family’s 46% stakeAkasa Air wants to use the fund to make pre-delivery payments for its order of 72 Boeing 737 Max jets, for which 19 have already been deliv...
Jhunjhunwala demise unlikely to affect Akasa Air's businessJhunjhunwala was the biggest investor in the low-cost airline that started operations last Sunday. His family holds around 45% through thre...