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Akasa Air
Four-year-old Akasa Air on Friday launched its loyalty programme as the airline seeks to provide enhanced travel experience and various benefits to passengers. The airline, which started flying on August 7, 2022, on Friday completed four years, with its Founder and CEO Vinay Dube describing the journey so far as "extremely exciting". The loyalty programme called 'Akasa Elevate' will enable members to earn points on eligible flights and ancillary products and services, a release said. "As we enter our fifth year, our focus remains firmly on disciplined growth, operational excellence, employee centricity and delivering differentiated experiences for our customers," Dube said. The airline said Akasa Elevate is designed to reward customer loyalty with greater value, personalised recognition and enhanced travel benefits. In an interaction with PTI, Dube said Akasa Air thinks itself as an "Experience-Led Carrier (ELC)". "We have worked very hard to create this experience for our custom
Akasa Air will be supportive of a proposal to allow airport operators to own airlines as the government will take into account the "considerations" involved before taking a decision since India needs more competition in aviation, according to its CEO Vinay Dube. The remarks from the founder and CEO of the nearly four-year-old Akasa Air comes against the backdrop of reports that the government is looking at allowing airport operators to own airlines. In an interview to PTI on Wednesday, Dube said he was very confident that the government will take into account considerations involved when a private enterprise owns both an airport and an airline. "And I'm very confident that they (government) know about this (and) they'll take into account. Therefore I am happy and supportive of this move," he said. Dube was responding to queries regarding the proposal being considered that would allow airport operators to own airlines. While stressing that the country needs "more competition in ...
Akasa Air plans to operate flights under the government's regional air connectivity scheme UDAN, according to CEO Vinay Dube, who also said that aircraft are joining its fleet at a very steady and predictable pace. The carrier, which is set to complete four years of commercial flying next month, has taken delivery of nine new Boeing 737 MAX aircraft so far this year. It has placed orders for 226 planes and all the remaining 186 aircraft are expected to join the fleet by the end of 2032. The airline aims to increase capacity by 30 per cent in this financial year, and the capacity growth would be in the range of 30-40 per cent in the next 4-5 years. In an interview with PTI, Dube said the airline plans to be part of the UDAN scheme and would carry out a study on a sector-by-sector basis. The modified version of UDAN (Ude Desh ka Aam Naagrik) scheme, which seeks to provide air connectivity to unserved and underserved destinations at affordable cost, was launched on July 4. Launched in
Akasa Air plans to come out with its initial share sale in the next two to four years, depending on achieving various milestones, its Chief Financial Officer Ankur Goel said on Tuesday as he stressed that the airline's IPO is "not a question of if but a question of when". After taking to the skies in August 2022, the airline is slowly expanding its presence and currently flies to 34 destinations, including 7 international cities. The nearly four-year-old carrier, now, has a fleet of 39 planes and aims to have 226 aircraft by 2032. Responding to queries about the Initial Public Offering (IPO) at a briefing in the national capital, Goel said the time frame is going to be 2-4 years, depending on achieving various milestones such as being EBITDA positive, cash flow and profitability. "IPO will happen for us, it is not a question of if, it is a question of when, we are not creating an airline to do an IPO, we are creating an airline that really creates value...," he said, and also ...
Akasa Air aims at 30 per cent capacity growth in the current financial year and the long term plans have not gone through any rethink amid the geopolitical uncertainties, the airline's Chief Financial Officer Ankur Goel said on Tuesday. The airline, which has been flying for nearly four years, currently has a fleet of 39 Boeing 737 MAX planes and around 25 per cent of its capacity is deployed in international routes. In the 2025-26 fiscal, the airline's operating revenue increased 37 per cent and capacity measured through Available Seat Kilometres (ASKs) rose 30 per cent. At a briefing in the national capital, Goel said the focus is to remain well capitalised and the airline has enough cushion to tide through the current situation. The West Asia conflict and higher fuel prices have pushed the operational costs for airlines and some of them have temporarily cut flights. According to Goel, Akasa Air aims to increase capacity by 30 per cent in this financial year and the capacity gro
Domestic carrier Akasa Air has commenced its flight services to the newly-launched Noida International Airport with its inaugural flight QP2017 departing from Navi Mumbai International Airport on Tuesday morning, linking the Mumbai metropolitan region with Delhi-NCR. Akasa Air flight departed from Navi Mumbai at 7.30 am while the return flight arrived at NMIA at 12.30 pm, a Navi Mumbai International Airport Ltd (NMIAL) spokesperson said. The airline will operate seven flights a week to the greenfield airport. Commercial flight services at the Noida International Airport commenced on Monday, after a 21-month delay. Prime Minister Narendra Modi had laid the foundation stone of the greenfield airport in the Gautambuddha Nagar district of Uttar Pradesh in November 2021. The facility was inaugurated by PM Modi on March 28 this year. By linking Navi Mumbai's emerging aviation and commercial ecosystem with Noida's fast-growing industrial and business corridor, the service is expected to .
Akasa Air has set up an entity at the GIFT City in Gujarat to strengthen its aircraft financing and leasing activities. The nearly four-year-old carrier has established Akasa Air Leasing IFSC Private Limited (AALI) at Gujarat International Finance Tec-City (GIFT City), Gandhinagar. In a release on Friday, the airline said AALI office would play a pivotal role in advancing its aircraft financing strategy, enabling greater flexibility, cost efficiency, and enhanced access to global capital markets. "AALI is expected to finance a majority of the airline's aircraft over time while strengthening onshore leasing capabilities," the release said. Currently, Akasa Air has a fleet of 38 Boeing 737 MAX airplanes. It has placed an order for 226 such aircraft. Air India and IndiGo also have their aircraft leasing entities in the GIFT City.
Domestic carrier Akasa Air on Friday announced a strategic collaboration with Noida International Airport for setting up an aircraft maintenance, repair and overhaul (MRO) facility at the upcoming airport in Jewar, Uttar Pradesh. Under the collaboration, Akasa Air will operate the facility within the airport premises, offering advanced MRO services, supporting a broad spectrum of maintenance activities, it said in a statement. Aimed at strengthening India's aviation infrastructure and positioning Noida International Airport (NIA) as one of the country's leading MRO hubs, the facility will enhance operational efficiency, generate local employment opportunities and foster skill development in the region, as per the statement. This would be Akasa Air's first MRO facility, since its launch in August 2022. "This partnership will not only enhance India's MRO capabilities but also create opportunities for skill development and employment in the region," said Christoph Schnellmann, Chief