Page 8 - Akasa Air

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 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

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

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

Why Akasa Air is in a state of crisis

Akasa Air is in a “state of crisis” owing to the abrupt resignations of 43 pilots and flight cancellation. Watch the video to know more >

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

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

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'

Confident of overcoming crisis: Akasa Air pilots contradict airline

The airline's pilots said they were not worried about the airline shutting shop anytime soon

Akasa's future: CEO Dube seeks to douse fire lit by lawyers' closure claims

Akasa's lawyers had said in the Delhi HC on Tuesday that the airline was in a "state of crises" and might "shut down" due to the abrupt resignation of 43 pilots to join rival airlines

Former Akasa pilots challenge maintainability of lawsuits filed by airline

The pilots contend that since their employment contracts were signed in Delhi, the case should fall under the jurisdiction of the Delhi High Court

Akasa Air gets aviation ministry's nod for starting international flights

Little over a year after commencing operations, Akasa Air has received approval from the civil aviation ministry for starting international flights and is looking to fly to destinations in South Asia, Southeast Asia and the Middle East. The airline, which is currently grappling with pilot shortage issues, has a fleet of 20 aircraft and plans to start flying to overseas destinations by year-end. Akasa Air Founder and CEO Vinay Dube on Wednesday said the ministry has designated the airline as an international scheduled operator. "This new designation will allow us to fly internationally, enabling us to take one step closer to our dream of launching international operations before the end of this year. "We are now working with all relevant authorities on our request for traffic rights and will soon be able to announce the international destination we will fly to," he said in a statement. Dube said the airline is targeting destinations within the range of a Boeing 737 MAX from India i