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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 ...
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 ...
Akasa Air faces DGCA heat for lapses; warning letter issued to airline's accountable managerDGCA warned Akasa Air's accountable manager for regulatory lapses, including a hard landing incident and non-revision of operations manual....
DGCA issues show cause notice to Akasa Air on violation related to operations manualIndia's aviation regulator, the DGCA, issued a show-cause notice to Akasa Air for violating norms related to its operations manual. The air...
Akasa Air posts Rs 1,670 crore loss in FY24; CFO says performance will be better this fiscalAkasa Air reported a widened loss of Rs 1,670.06 crore in FY24 despite a surge in total income. The airline attributed the loss to investme...
Akasa Air fined Rs 30 lakh by DGCA for multiple regulatory violationsThe DGCA has fined Akasa Air Rs 30 lakh for regulatory breaches including unauthorized pilot training and exceeding permissible training ho...
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 bullish on international services; plans flights to Kuwait, Saudi Arabia by Oct-endThe IATA (International Air Transport Association) summer season is from late March to late October. In response to a question on the delay...
The right bet: Rakesh Jhunjhunwala's dream is set to soar higherExiting 2023 with a fleet size of 22 aircraft, including 21 Boeing 737 MAX 8 and one Boeing 737 MAX 8 200, the first of its kind in Asia, A...
How a soaring Akasa Air got into a wrangle with its pilotsAkasa Air, the airline launched by Rakesh Jhunjhunwala, overtook SpiceJet in terms of domestic market share in June 2023. However, the airl...
Bombay HC allows Akasa Air to proceed in Mumbai against pilotsThe Bombay High Court has ruled that Akasa Air can proceed with its suit seeking contractual damages from pilots who exited the company wit...
Akasa Air to add 800 staff, operate internationallyIndia's newest airline, Akasa Air, plans to hire up to 800 new workers by the end of the fiscal year in preparation for starting internatio...
Akasa Air will honour legacy, values, beliefs of Jhunjhunwala: Dubes condolence messages pour in following the demise of Jhunjhunwala, known as the 'Big Bull' and 'Warren Buffett of India' for his investmen...
Rakesh Jhunjhunwala will use stock options to lure staff for his airlineThe carrier, which is preparing to start flying in late May, is taking the unusual approach of granting company shares to a bigger pool of ...
Riding on Rakesh Jhunjhunwala's 737 Max order, Boeing set to dent Airbus SE's India dominancea Mumbai-based carrier backed by billionaire investor Rakesh Jhunjhunwala, was earlier reported by Bloomberg News to be in talks with Boein...
Jhunjhunwala's Akasa Air gets NOC, set to start operations by mid-2022With Alaska’s announcement, the aviation industry in India will see launch of two new airlines next year. Jet Airways, which ceased to oper...