Page 5 - Akasa Air

Akasa Air pilots flag training and safety practices, airline denies charges

The section of Akasa Air pilots wrote to Civil Aviation Minister K Rammohan Naidu and highlighted alleged unfair practices, harassment and safety concerns.

Fog mandate: DGCA denies Akasa relief, enforces CAT-III pilot rule

The airline had informed the DGCA that without this exemption, its entire flight operations could face a "cascading" impact

Akasa Air signs codeshare partnership with Abu Dhabi-based Etihad Airways

A codeshare partnership allows one airline to market and sell seats on a flight operated by the other

Fearing 'cascading' impact: Akasa Air seeks DGCA exemption from fog mandate

Airline informs regulator flight operations could face 'cascading' impact

DGCA warns Akasa for skipping pilot training after hard landing incident

A hard landing happens when an aircraft touches down at a speed exceeding the manufacturer's recommended limit

India's aircraft fleet set to increase by over 5 times in 20 yrs: Report

This growth will boost Indian airlines' share of the Asia-Pacific passenger fleet from the current 8 per cent to 18 per cent by 2043, according to a Cirium report

Akasa posts Rs 1,670 cr loss in FY24; CFO says performance will be better

Akasa Air saw its loss widen to Rs 1,670.06 crore in the financial year ended March 2024 even as the airline's total income jumped to Rs 3,144.38 crore during the same period. The airline, which has been flying for over two years, had a loss after tax of Rs 744.53 crore in 2022-23, according to data accessed by business intelligence platform Tofler. At the end of March 2024, the carrier had a fleet of 24 planes and operated more than 110 flights daily. "On a standalone basis, the company achieved a total income of Rs 31,443.83 million for FY 2024 against previous year's total income of Rs 7,778.48 million. "The company reported a net loss of Rs 16,700.66 million for FY 2024 against a net loss of Rs 7,444.27 million for the previous year," SNV Aviation Pvt Ltd said in a filing to the corporate affairs ministry. SNV Aviation is the parent of Akasa Air. During 2023-24, the carrier's total expenditure climbed to Rs 4,814.44 crore as against Rs 1,522.27 crore in the same period a year

Training lapses: DGCA issues notices to two senior execs of Akasa Air

Sources indicated that these pilots, who received training on unqualified simulators, may be required to undergo simulator training again

DGCA imposes penalty of Rs 30 lakh on Akasa Air for training lapses

Aviation regulator DGCA on Thursday imposed a fine of Rs 30 lakh on Akasa Air for certain lapses in training of crew, according to sources. "We acknowledge receipt of an order by the DGCA dated 17 October 2024. We are working closely with the regulator on this matter," an airline spokesperson said in a statement. The sources said the penalty has been imposed for certain training lapses. "For us at Akasa Air, safety is of the utmost importance, and we are committed to pursuing the highest global standards of safety," the statement said.

Agencies actively pursuing bomb threat cases: Aviation Minister Naidu

Civil Aviation Minister K Rammohan Naidu also said the Mumbai police have arrested a minor responsible for issuing bomb threats targeting three flights

Akasa Air's Bengaluru flight diverted due to bomb threat, 12th in 3 days

Akasa Air and IndiGo flights diverted amid bomb threats; security drills underway at multiple airports as authorities respond to rising aviation threats in India

Akasa Air to run safety tests on 14 of 25 planes amid rudder issue

Air India Express to also conduct similar audit; SpiceJet says none of its Boeing 737 NGs impacted

Akasa Air says no operational disruptions from Boeing 737 advisories

Akasa Air on Tuesday said there will be no disruptions to its flight operations due to the latest advisories regarding potential risk of a jammed rudder control system in Boeing 737 planes. The airline operates a fleet of 25 Boeing 737 MAX aircraft. On Monday, the Directorate General of Civil Aviation (DGCA) issued an advisory to Indian airlines operating Boeing 737 planes regarding the potential risk. An Akasa Air spokesperson said the identified issue does not impact its operations. "Akasa can confirm that there will be no disruptions to our flight schedule as a result of the latest DGCA / Boeing advisories," the spokesperson said in a statement. The airline did not mention whether its planes are impacted. A recent probe report by the US National Transportation Safety Board (NTSB) highlighted safety concerns involving Boeing 737 aircraft equipped with Collins Aerospace SVO-730 Rudder Rollout Guidance Actuators. Against this backdrop, DGCA came out with the advisory. In August

Akasa Air launches customised travel packages for the festive season

Akasa Holidays is a collection of personalised holiday packages designed to suit various types of vacations

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

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

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

Completing two years of flying, Akasa Air on Wednesday said it is on a "successful trajectory" towards profitability and expects seat capacity to rise 50 per cent on an annual basis. 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. It operates more than 900 weekly flights. Airline's CEO Vinay Dube said it has registered a triple-digit growth and continues to be the fastest-growing airline in the global aviation history. In a release, Akasa Air said its "unwavering commitment to cost leadership, supported by operational and financial discipline, has set the airline on a successful trajectory toward profitability". Last fiscal, the airline recorded a 300 per cent growth in Available Seat Kilometres (ASKM), a measure of a flight's seat capacity. "With the strong financial foundation the airline has built, it anticipates a year-on-year increa

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

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