Page 5 - Akasa Air

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

Aviation market big enough for Akasa Air to succeed: CEO Vinay Dube

As Akasa Air spreads its wings on domestic and international routes, the less-than-two-year-old airline's chief Vinay Dube has said he does not think about competition in encouraging or discouraging terms, as the aviation market is "big enough for us to succeed". The carrier, which took to the skies in August 2022, currently has a fleet of 24 Boeing 737 MAX planes and operates more than 900 flights weekly. While emphasising that the focus is on service excellence and cost leadership, Dube said the airline is looking for network and international expansion. "I don't think about competition and certainly don't think about it in encouraging or discouraging terms. If we focus on ourselves, the market is big enough for us to succeed," he told PTI in a recent interview. In response to the query on whether current competition is encouraging, Dube said, "We don't spend so much time focused on what competition is doing unless we have things we can learn from... what can be improved upon...

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

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

Akasa on path to profitability; will launch more int'l flights: Co-founder

Akasa Air is well on the path to profitability and will fly to more international destinations, including in South Asia and Southeast Asia, according to its Co-Founder Aditya Ghosh. 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. In an interview to PTI in the national capital, Ghosh, who has donned multiple and diverse roles during his career, said that airlines are becoming more of a consumption story in India. "We will increasingly see it as consumer-focused businesses where the learnings which are there from ecommerce companies will help us address the needs and behaviour of consumers better in the transportation business," he said. Among other roles, he had served as IndiGo's President and Whole Time Director for ten years till 2018. When a customer-focused and employee-centric organisation is being built, it is also important to build a financially sustainable business, Ghosh said and emphasised that Akasa A

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'

No-frills carrier Akasa Air on Monday said its Mumbai-bound flight from Delhi was diverted to Ahmedabad after it received a "security alert". The captain of the flight followed all required emergency procedures and landed safely at Sardar Vallabhbhai Patel International Airport at 10:13 AM on Monday, Akasa Air said in a statement. "Akasa Air flight QP 1719, flying from Delhi to Mumbai on June 3, received a security alert on board. As per prescribed safety and security procedures, the plane was diverted to Ahmedabad," the airline said. The aircraft had 186 passengers, 1 infant and six crew members onboard, it said. The airline further said that all passengers have been deplaned, and "Akasa Air is following and supporting all safety and security protocols on ground".

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

Akasa Air passengers can now carry pets that weigh up to 10 kilograms in the cabin of domestic flights, with the airline on Wednesday saying the enhancement to its pet travel service has been done after taking customer feedback into consideration. 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. "As part of the enhancements, Akasa Air now allows customers to travel with pets weighing up to 10 kg (including the weight of the container) in the cabin -- an increase from the previous limit of 7 kg. This change has been introduced keeping customer feedback in mind, reflecting the airline's commitment to continuously enhance its services to meet the evolving travel needs of its customers," the airline said in a release. In the cargo, pets weighing up to 32 kg are allowed by Akasa Air. According to the release, the airline has carried more than 3,20

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

Domestic carrier Akasa Air has commenced its international operations with its inaugural overseas flight departing from Mumbai to Doha, Qatar. In a statement on Thursday, the airline said it has been granted traffic rights for three other international destinations -- Kuwait, Jeddah, and Riyadh. Akasa will be rapidly expanding its global footprint in the coming months, the statement said. Further, the airline said with its conveniently timed flight schedule, travellers from other domestic cities such as Ahmedabad, Goa, Varanasi, Lucknow, Bengaluru, Kochi, and Delhi will also have multiple connecting options for travel to and from Doha via Mumbai. Domestically, Akasa operates from a host of cities including Mumbai, Ahmedabad, Bengaluru, Chennai, Kochi, among others.

India has extremely affordable airfares: Akasa Air CEO Vinay Dube

India has "incredibly affordable" airfares and the country's aviation market has the kind of growth potential where Akasa Air as well as other carriers can do well, according to the nearly two-year-old airline's chief Vinay Dube. As Akasa Air prepares to take the international skies on March 28 with the first overseas flight from Mumbai to Doha, Dube also asserted that the airline is not about "marketing gimmicks". Akasa Air is aiming to be among the world's top 30 airlines by 2030 and will go public in future. "We think we have a great financial future. Listing is in our future... but you never say never. We hope to list some day," he told PTI in an interview this week. While acknowledging that aviation competition has always been intense, he said that as long as the focus is on fundamentals, there is enough room not just for Akasa Air to thrive in the future but for others as well. "Thanks to the growth that we are going to see in India, it is not that Akasa will do well only if

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