Page 7 - Latest Updates on Akasa Air
Pilot exodus: Akasa stops flights on 8 routes, reduces service on 10 others
The airline's spokesperson said that the airline is poised to take delivery of additional aircraft from Boeing in the remainder of 2023-24
 "Pilot exodus: Akasa stops flights on 8 routes, reduces service on 10 others")
Bomb threat triggers emergency landing of Akasa flight in Varanasi
The aircraft landed on a separate runway and passengers were disembarked immediately. CISF personnel conducted a thorough search of the plane for about an hour. Nothing was found during checking
 "Bomb threat triggers emergency landing of Akasa flight in Varanasi")
Weekend Bites: Akasa pilots, Netflix, Byju's woes, AI's fear and loathing
In which we munch over the week's platter of news and views
 "Weekend Bites: Akasa pilots, Netflix, Byju's woes, AI's fear and loathing")
Bomb threat: Akasa Air plane makes emergency landing at Varanasi airport
"At 1130 am, Akasa Air got a bomb threat message on social media. We informed the local police in Mumbai and initiated the procedure for filing an FIR," the spokesperson said
Air India crafts action plan to resolve spectrum of pilot concerns
In light of pilots identifying errors in flight plans, the airline will randomly scrutinise five per cent of dispatched flight plans for enhanced oversight
 "Air India crafts action plan to resolve spectrum of pilot concerns")
Bombay HC allows Akasa Air to proceed with suit against former pilots
Rejecting the pilots' plea, the court stated that the cause of action, including the act of resignation, fell within its jurisdiction
 "Bombay HC allows Akasa Air to proceed with suit against former pilots")
Bombay HC allows Akasa Air to proceed with case against pilots in Mumbai
Justice SM Modak said that the actions rose within its jurisdiction as resignations were accepted by the company in Mumbai
Notice period only justified if airline invested in training: Air India CEO
The comment comes at a time when India's youngest carrier Akasa Air has taken legal action against its 43 former Boeing 737 pilots who resigned without serving the notice period of six months
 "Notice period only justified if airline invested in training: Air India CEO")
Delhi HC to pass order on Sept 27 on Akasa's plea for action against pilots
Delhi High Court is scheduled to pass an order on September 27, 2023, on a plea moved by Akasa Air against pilots who have resigned without serving the mandatory notice period
Akasa Air in the middle of crisis: How bad could the pilot shortage be?
With Indian aviation staring at a potential scramble for pilots, airlines such as Akasa can feel deflated
 "Akasa Air in the middle of crisis: How bad could the pilot shortage be?")
Amid pilot turmoil, Akasa Air mulling raising up to $400 million
The fundraising plan could involve fresh equity issuances of $75-100 million each and is set to be carried out over the next 12-18 months
Bombay HC reserves order on plea maintainability in Akasa-pilot matter
The order, which will now be pronounced on 27 September, will decide if the troubled airline can proceed with the case before the Bombay High Court
Can't interfere in employment pact between Akasa, pilots: DGCA in Delhi HC
The bench of Justice Manmeet Pritam Arora recently kept the order reserved and asked the concerned parties to file their written synopsis
No proof of flight cancellations due to Akasa pilot exits: DGCA to HC
Akasa had told the court that they have cancelled 24 flights per day and they operate 120 flights per day
TMS Ep527: Akasa Air trouble, Twitter paywall, markets, household savings
What's weighing down Akasa Air? Will you pay for Twitter? What next after JPMorgan index inclusion? What do household net financial savings mean? All answers here
 "TMS Ep527: Akasa Air trouble, Twitter paywall, markets, household savings")
Can't interfere in dispute between Akasa Air and its pilots: DGCA
The DGCA "does not have any power or delegated authority to interfere in any employment contract," it said
Not against DGCA or MoCA, want clarity on pilots' notice period: Akasa Air
The airline has faced heat following the abrupt exit of its 43 pilots who did not serve their mandatory notice periods
Resignations have no impact on expansion, more pilots joining: Akasa CEO
Promoted by family of the late investor Rakesh Jhunjhunwala, Akasa is planning to add more aircraft to its fleet and take it to 28 by March 2024 and add 10-12 planes every year for the next few years
 "Resignations have no impact on expansion, more pilots joining: Akasa CEO")
India's struggling carrier Akasa blames regulator 'inaction' as pilots quit
Akasa is suing some of the pilots for alleged contractual violations, and has warned in court that it might have to shut down if the exits continue
Akasa Air approached Bombay HC to save court fees: Pilot's counsel
He argued that the move to choose Bombay HC over Delhi HC is to 'reap the maximum payable amount'
