Vinay Dube said the airline was well-capitalised to induct 72 aircraft over next 5 years, while mourning the death of Akasa's top backer and ace investor Rakesh Jhunjhunwala who passed away on Sunday
In his last public appearance, the ace investor gave India's aviation the lift-off it needed
Akasa Air's chief mentioned about the billionaire investor being an early believer in the team and putting his trust and faith in them to build a world-class airline
As of August, 2022, his net worth was $5.8 billion. He invested via his firm Rare Enterprises
Will Akasa's launch help bring down airfares? What went wrong with Delhi's new excise policy? Is it time to add Paytm, Nykaa, Zomato to your portfolio? What is belated ITR filing? All answers here
Akasa Air took off from the runways of Mumbai airport on Sunday, hotting up competition in the Indian sky. What strategy is Rakesh Jhunjhunwala-backed budget carrier adopting to stay afloat?
Founder-CEO Vinay Dube thanked all passengers and took their feedback as they deplaned on arrival in Mumbai
Civil Aviation Minister Jyotiraditya Scindia will on Sunday inaugurate Akasa Air's first commercial flight that will operate on the Mumbai-Ahmedabad route
The airliner as part of pan-India network connectivity, would also add new routes between Ahmedabad and Bengaluru routes from August 23.
A week ahead of its maiden flight, airline is offering 10% lower fares on Mumbai-Ahmedabad route
The new carrier will launch commercial flight operations on Aug 7 by running its first service on the Mumbai-Ahmedabad route. On Aug 13, the airline will start operations on the Bengaluru-Kochi route
The airline has secured two parking bays at Delhi airport and flights from Delhi are imminent, a source said
New airline Akasa Air on Friday said it will launch commercial flight operations on August 7 by operating its first service on Mumbai-Ahmedabad route using Boeing 737 Max aircraft
Across the sector, technician salaries are low and Covid-19 pandemic worsened the problem as some airlines resorted to pay cuts
The airline hopes to have 18 aircrafts by the end of financial year (FY) 2023
According to the airline, it will commence commercial operations later this month with two aircraft and subsequently add planes to its fleet every month
Akasa Air on Monday unveiled the first look of its crew uniform as the startup carrier prepares for take-off in the coming weeks.
The Indian aviation sector is seeing headwinds like the Information Technology (IT) sector, where higher attrition rates have forced the management to dole out benefits like double-digit pay hikes
Akasa, backed by billionaire Rakesh Jhunjhunwala, will likely receive its air operator's certificate within days of the proving flight
Ace investor Rakesh Jhunjhunwala-promoted Akasa Air's first aircraft Boeing 737 MAX arrived in Delhi on Tuesday, bringing it closer to securing the mandatory Air Operator Permit to start operations.