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...
17 Dec, 2024, 05.51 PM IST
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...
06 Nov, 2024, 12.59 PM IST
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...
17 Oct, 2024, 08.46 PM IST
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...
31 Jul, 2024, 10.26 AM IST
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...
21 Mar, 2024, 07.32 PM IST
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...
20 Feb, 2024, 08.44 PM IST
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...
28 Sep, 2023, 04.51 PM IST
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...
27 Sep, 2023, 03.43 PM IST
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...
13 Jul, 2023, 11.25 PM IST
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...
14 Aug, 2022, 03.48 PM IST
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 ...
04 Feb, 2022, 01.40 PM IST
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...
12 Nov, 2021, 11.06 AM IST
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...
11 Oct, 2021, 09.21 PM IST