New entrant Akasa Air is financially strong enough to place an aircraft order in the 18 next months that will be significantly larger than its first, its founder and CEO Vinay Dube said on Wednesday
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
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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
Akasa Air will connect four cities in its first phase of operations, with flights connecting Bengaluru and Kochi beginning on August 13 with two daily flights.
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 airline, backed by ace stock market investor Rakesh Jhunjhunwala, is likely to start services by the end of this month. It had taken delivery of its first Boeing 737 max aircraft in India on June 21 and plans to conduct proving flights this week, following which it will get the Air Operator Permit for launching commercial operations. In a statement on Monday, Akasa Air said the uniform fit focuses on providing the best possible stretch to ensure their comfort over their busy flight schedules. The company said it is the first Indian airline to have introduced custom trousers and jackets, with their fabric specially made for Akasa Air (using recycled polyester fabric which is made from pet bottle plastic salvaged from marine waste) and comfortable sneakers for its airline in-flight crew keeping in mind ergonomics, aesthetics and comfort. "We have desi
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