Started operation just less than three years ago, the airline's passenger traffic more than doubled over the past year
The Mumbai-based low-cost airline, Akasa Air, which started operations about three years ago, has a fleet of 27 planes, but has 226 jets - all Boeing 737 MAXs - on order
The sale is valid for bookings made between March 10, and March 13, for travel commencing from March 17. It applies to both non-stop and through flights across Akasa Air's extensive network
Akasa Air and SpiceJet saw their respective market share increased to 4.7 per cent and 3.2 per cent
PIOF is a Sebi-registered alternative investment fund owned and controlled by Premji Invest, while Claypond is an arm of the Pai family group
The airline's net loss more than doubled in 2023-24, soaring to Rs 1,670 crore from Rs 744 crore in the previous year
Bilateral rights, negotiated between two countries, determine the number of flights allowed between them. Each government then allocates its share to its airlines
The nearly two-and-a-half-year-old Rakesh Jhunjhunwala family-backed Akasa Air currently has a fleet of 27 Boeing 737 Max planes and commanded a 4.6 per cent market share in CY2024
During the inspection, the regulator found that electronic devices containing lithium batteries were being accepted without proper checks or verification of battery power
Among others, these pilots have claimed that some operating crew do not report to work on time and claimed that there are issues with reporting of On Time Performance
Belson Coutinho, a key member of Akasa Air's leadership since 2022, previously served as chief marketing and experience officer before being appointed Chief Operating Officer (COO)
DGCA in an audit of Akasa Air conducted in October last year found that the pilot had made a hard landing, which means the aircraft had made an abnormal contact with the runway
In a detailed communication to the civil aviation ministry and the DGCA on Saturday, the section of pilots has also mentioned that they are in the process of forming a pilots' union at the airline
The regulator said an audit found that navigation skills of pilots were being conducted on simulators that weren't qualified for that kind of training
The sale is valid for 'Saver' and 'Flexi' fares on bookings made between 31st December 2024 and 3rd January 2025 for travel starting from 7th January 2025
This is not the airline's first run-in with the regulator. In October, the DGCA imposed a Rs 30 lakh fine on Akasa Air for lapses in pilot training
The DGCA has imposed a Rs 10 lakh fine on Akasa Air for denying boarding to seven passengers on a Bengaluru-Pune flight in September and failing to provide required compensation
Indian aviation achieved record-breaking traffic in November, with IndiGo flying over 10 million passengers, Air India crossing 30 lakh, and Akasa Air recording its best month yet
The sale is valid for 'Saver' and 'Flexi' fares on bookings made between 24 December 2024 and 26 December 2024, for travel starting from 7 January 2025.
Amid concerns in certain quarters about virtual duopoly in the Indian aviation market, Akasa Air chief said the airline does not have the luxury of being concerned by things that it does not control