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Page 8 - Akasa Air

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'

Akasa Air approached Bombay HC to save court fees: Pilot's counsel
Updated On : 21 Sep 2023 | 7:41 PM IST

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

Confident of overcoming crisis: Akasa Air pilots contradict airline
Updated On : 21 Sep 2023 | 6:52 AM IST

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

Akasa's future: CEO Dube seeks to douse fire lit by lawyers' closure claims
Updated On : 20 Sep 2023 | 11:23 PM IST

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

Former Akasa pilots challenge maintainability of lawsuits filed by airline
Updated On : 20 Sep 2023 | 9:20 PM IST

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

Akasa Air gets aviation ministry's nod for starting international flights
Updated On : 20 Sep 2023 | 8:04 PM IST

Akasa Air moves court for action against pilots not serving notice period

The fledgling Akasa Air has approached the Delhi High Court seeking a direction to the DGCA to take action against pilots who left the airline without serving the mandatory notice period. The airline, which operated its first commercial flight between Mumbai and Ahmedabad on August 7, 2022, has hit turbulence following the resignation of several pilots. It told the court it will have to cancel a large number of flights in September due to the resignations. The airline told Justice Manmeet Pritam Singh Arora the company was in a "state of crisis" because of these resignations and had to cancel multiple flights every day this month. The court has asked the parties to file their written synopsis in the matter and listed it for further hearing on September 22. The court also sought to know from the Directorate General of Civil Aviation (DGCA), represented by advocate Anjana Gosain, as to what action it takes in case flights have to be cancelled due to pilots' resignation. The airline

Akasa Air moves court for action against pilots not serving notice period
Updated On : 20 Sep 2023 | 5:00 PM IST

Akasa flying less after some pilots quit abruptly: CEO Vinay Dube

The company has initiated legal action against the pilots that have quit without serving their mandatory contractual notice period, Dube said

Akasa flying less after some pilots quit abruptly: CEO Vinay Dube
Updated On : 20 Sep 2023 | 2:15 PM IST

Aviation ministry permits Akasa Air to launch international flights

The young airline, which is facing pilot exits, is yet to announce its first international destination

Aviation ministry permits Akasa Air to launch international flights
Updated On : 20 Sep 2023 | 11:25 AM IST

In crisis, may shut down: Akasa Air SOS to Delhi HC after pilots' exit

The airline, which operates about 120 flights per day, is expecting to cancel a total of approximately 600-700 flights in September if the spate of resignations continue

In crisis, may shut down: Akasa Air SOS to Delhi HC after pilots' exit
Updated On : 20 Sep 2023 | 12:07 AM IST

Akasa Air files court case against 40 pilots for not serving notice period

In the preceding month, Akasa Air witnessed a sequential doubling in flight cancellations as a direct consequence of these untimely exits

Akasa Air files court case against 40 pilots for not serving notice period
Updated On : 16 Sep 2023 | 9:55 PM IST

Akasa Air widens gap with SpiceJet in domestic passenger market share

Overall, the carriers transported a total of 12.1 million domestic air passengers in July, an increase of 31.72 per cent compared to the same month last year

Akasa Air widens gap with SpiceJet in domestic passenger market share
Updated On : 14 Aug 2023 | 11:30 PM IST

Akasa Air eligible for international routes, operates 900 flights per week

Akasa Air has flown 4.3 million passengers with over 900 flights per week, besides becoming eligible to fly internationally with a fleet of 20 aircraft in its first year of commercial operations, which it completed on Monday, the airline said in a statement. Owned by SNV Aviation Pvt Ltd and founded by former Jet Airways CEO, Vinay Dube along with others, Akasa Air commenced operations with its maiden flight taking off from Mumbai for Ahmedabad on August 7, 2022. In its first year of commercial operations, Akasa Air served 4.3 million passengers with a 4.9 per cent market share, and crossed the milestone of operating over 900 weekly flights with a published network of 35 unique routes across 16 destinations, the airline said in a statement on Monday. Also, the airline said, it has carried over 25,000 tonnes of cargo across its network during this time. Akasa has during the period also registered a passenger load factor of over 84 per cent since the start of operations, with a stead

Akasa Air eligible for international routes, operates 900 flights per week
Updated On : 07 Aug 2023 | 10:53 PM IST

Akasa Air adds 20th aircraft to fleet, qualifies for international ops

Indian regulations mandate that carriers must have at least 20 aircraft in their fleet to be eligible for international flights

Akasa Air adds 20th aircraft to fleet, qualifies for international ops
Updated On : 01 Aug 2023 | 4:33 PM IST

Akasa Air adds 20th aircraft to its fleet; now eligible for int'l ops

Akasa Air on Tuesday said it has added the 20th aircraft to its fleet that also makes the airline eligible to start international operations. The carrier, which will complete one year of operations on August 7, has also become the first airline in Asia to have the Boeing 737-8-200 variant. According to a release, the Boeing 737-8-200 aircraft aligns with Akasa Air's continued efforts to control operating costs. Indian regulations require airlines to have at least 20 aircraft in their fleet to become eligible for international operations. The airline has added an aircraft to its fleet after four months. "Going from zero to 20 aircraft within 12 months is not just an Akasa record but a record that encapsulates the potential of the country," Vinay Dube, Founder and Chief Executive Officer of Akasa Air, said. Dube also said the airline has recorded the highest on-time performance for several consecutive months in 2023. The B737-8-200 aircraft was delivered to the airline at the Boei

Akasa Air adds 20th aircraft to its fleet; now eligible for int'l ops
Updated On : 01 Aug 2023 | 3:07 PM IST

Top headlines: RIL Q1 net falls 11% on weak O2C biz, GST evasion, and more

Business Standard brings you the top headlines at this hour

Top headlines: RIL Q1 net falls 11% on weak O2C biz, GST evasion, and more
Updated On : 22 Jul 2023 | 9:46 AM IST

Akasa Air's whirlwind takeoff: How airline is gradually inching its way up

It's partly benefited from SpiceJet and GoAir's problems, but with a 20th aircraft to be inducted soon, the 11-month-old airline is eyeing international destinations too

Akasa Air's whirlwind takeoff: How airline is gradually inching its way up
Updated On : 21 Jul 2023 | 3:54 PM IST

Early to talk Air India-IndiGo duopoly: Akasa co-founder Praveen Iyer

On the issue of airfares, he said that April, May and June are traditionally the peak months for the Indian aviation industry

Early to talk Air India-IndiGo duopoly: Akasa co-founder Praveen Iyer
Updated On : 17 Jul 2023 | 10:55 PM IST

Akasa Air flies past SpiceJet for the first time in domestic traffic

IndiGo, the country's largest airline, saw its domestic market share jump from 61.4 per cent in May to 63.2 per cent in June, according to the DGCA data

Akasa Air flies past SpiceJet for the first time in domestic traffic
Updated On : 13 Jul 2023 | 7:51 PM IST

Adequately funded to place three-digit aircraft order this year: Akasa CEO

Akasa CEO and founder Vinay Dube said that the airline is 'well capitalised' and can grow at a much faster pace

Adequately funded to place three-digit aircraft order this year: Akasa CEO
Updated On : 13 Jul 2023 | 2:26 PM IST

Expect 3,500 employees by year-end: Akasa amid cabin crew resignations rpts

Akasa Air on Thursday said it has one of the lowest attrition rates in the industry and expects to have around 3,500 employees by the end of this year, amid reports that scores of cabin crew have put in their papers. Currently, the carrier, which started flying in August last year, operates more than 900 flights every week. It also plans to start international operations by the end of 2023. "At Akasa, we have one of the lowest attrition rates and the fastest-growing network in the industry. Today, we have 3,000 employees and expect to grow to approximately 3,500 employees in 2023," it said in the statement. The airline, which currently has 19 planes, expects to have a total of 72 aircraft by March 2027. Last month, the airline announced it will acquire four more Boeing 737 Max planes and said it was looking at a three-digit aircraft order by the end of this year. "The speculation on cabin crew resignations at Akasa is factually incorrect and baseless as is the statement on the .

Expect 3,500 employees by year-end: Akasa amid cabin crew resignations rpts
Updated On : 06 Jul 2023 | 10:50 PM IST