Page 5 - Latest Updates on Akasa Air
Air traffic soars as more passengers opt for direct flights to & from India
In 2023, around 37 million international passengers booked direct flights, an increase of 2 million compared to 2019, according to UK-based air consultancy firm OAG
 "Air traffic soars as more passengers opt for direct flights to & from India")
Akasa Air plans to go public, aims to be profitable by 2028: CEO Vinay Dube
Akasa Air, founded in 2021, has reported losses mounting to Rs 2,400 crore in its first two years
 "Akasa Air plans to go public, aims to be profitable by 2028: CEO Vinay Dube")
Premji Invest, Claypond in $125 mn talks for minority stake in Akasa Air
The raised funds are expected to support Akasa Air's expansion plans and cover pre-delivery payments for new aircraft
Successful trajectory towards profitability: Akasa Air on 2 years of flying
Akasa Air, which commenced operations on the same day two years ago, flies to 22 domestic and five international cities, and has carried over 11 million passengers in India since its inception
 "Successful trajectory towards profitability: Akasa Air on 2 years of flying")
Akasa eyes flights to Asia tourist hotspots as overseas travel demand rises
The Mumbai-based budget carrier is gearing up to start flights to Kathmandu in Nepal and Bangladesh's capital Dhaka
 "Akasa eyes flights to Asia tourist hotspots as overseas travel demand rises")
Check-in systems down: IndiGo, SpiceJet, Akasa ops hit by major tech glitch
Microsoft cloud service outage disrupts check-in systems across the country. Airlines are working with Microsoft to resolve the technical issues
 "Check-in systems down: IndiGo, SpiceJet, Akasa ops hit by major tech glitch")
Aviation market big enough for Akasa Air to succeed: CEO Vinay Dube
While emphasising that the focus is on service excellence and cost leadership, Dube said the airline is looking for network and international expansion
 "Aviation market big enough for Akasa Air to succeed: CEO Vinay Dube")
SpiceJet's domestic passenger market share drops below Akasa Air in May
SpiceJet carried 554,000 passengers in May, a drop of about 10 per cent month-on-month (MoM). On the other hand, Akasa Air carried 664,000 passengers in May, a jump of about 14.5 per cent MoM
 "SpiceJet's domestic passenger market share drops below Akasa Air in May")
Only Vistara improved on-time performance in May, shows govt data
While Akasa Air recorded a month-on-month drop in OTP, it retained its top spot on the punctuality chart with a performance of 86.43 percent in May
 "Only Vistara improved on-time performance in May, shows govt data")
Akasa on path to profitability; will launch more int'l flights: Co-founder
In less than two years of taking to the skies, Akasa Air has a fleet of 24 planes and has more than 4,000 employees
 "Akasa on path to profitability; will launch more int'l flights: Co-founder")
Akasa Air expects deliveries of Boeing 737 MAX 10 aircraft by 2027
Akasa Air had ordered 150 737 MAX narrow-body planes in January, including the MAX 10 and MAX 8-200 versions. It had not specified how many of each type were ordered
Have stopped hiring pilots as there is sufficient strength: Akasa Air CEO
In September last year, Akasa Air was forced to cancel about 24 daily flights as around 43 pilots abruptly resigned to join rival carriers without serving their mandatory notice periods
Akasa's Delhi-Mumbai flight diverted to Ahmedabad due to 'security alert'
The aircraft had 186 passengers, 1 infant and six crew members onboard, it said
Akasa Air maintains its lead in monthly punctuality charts, shows data
In March, the airline, with a fleet of 24 planes, achieved the highest average daily OTP of 85.21 percent
Akasa Air now allows carriage of pets weighing up to 10 kg in cabin
In November 2022, the airline introduced the service wherein passengers have been allowed to travel on domestic flights with their cats and dogs in the cabin or cargo, based on their weight
 "Akasa Air now allows carriage of pets weighing up to 10 kg in cabin")
Akasa Air regains top spot in on-time performance chart in March
In March, the new airline maintained an average daily OTP of 85.21 per cent. AIX Connect, which held the top position in February, recorded an OTP of 85.07 per cent in March
Akasa Air commences int'l operations, inaugural flight from Mumbai to Qatar
Akasa will be rapidly expanding its global footprint in the coming months, the statement said
India has extremely affordable airfares: Akasa Air CEO Vinay Dube
On whether there could be disruptions once the revised norms are implemented, he replied in the negative
New FDTL rules: Have enough pilots, won't cancel flights, says Akasa CEO
As of February 2024, the cancellation rate at Akasa Air has been 0.30 per cent, which is the lowest among domestic Indian carriers
 "New FDTL rules: Have enough pilots, won't cancel flights, says Akasa CEO")
Boeing 737 MAX deliveries on track as Akasa goes international: CEO Dubey
Akasa's current fleet includes 24 Boeing aircraft of the total 226 it has on order which are expected to be delivered over 8 years. Dube declined to give a year-wise breakup