Page 9 - Akasa Air

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

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

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

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 .

Air India making changes to its ground staff ops to increase productivity

The structural changes are aimed at putting performance and productivity at the centre of Air India's operations

Akasa Air orders four more B737 Max aircraft from US-based Boeing

In November 2021, Akasa Air had ordered 72 Max aircraft from Boeing.

Domestic carrier Akasa Air places order for four Boeing 737 Max jets

Akasa Air CEO Vinay Dube told Reuters earlier this year that it would place a "substantially" large order for new narrowbody jets this year

Akasa Air in talks for follow-on order for 737 Max single-aisle boeing jets

The US planemaker is working to finalize negotiations as soon as this week at the Paris Air Show, the people said, asking not to be identified as the discussions are confidential

India's newest airline Akasa Air looking to raise $75-100 mn for expansion

To raise the money, Akasa Air has approached potential investors which include PE firms and high-net-worth individuals

India has one of the best airfare, no need for 'gouging': Akasa Air CEO

India has one of the best airfare regimes in the world, but there should not be "gouging" in terms of ticket prices to take advantage of a particular situation, according to Akasa Air CEO Vinay Dube. His comments come against the backdrop of concerns about a steep rise in airfares in certain routes amid capacity reduction due to the Go First crisis and higher travel demand, and the government asking airlines to devise a mechanism to ensure a reasonable ticket pricing system. India is one of the world's fastest-growing aviation markets, and domestic air traffic is recovering strongly after the coronavirus pandemic. Dube, also the founder of Akasa Air, said the civil aviation ministry has an excellent point in terms of gouging and is not talking about average fares in India, like equivalent to USD 45 or 50, which is too high. "Gouging is what the government is worried about... as an airline fraternity, we should ensure that there is no gouging," Dube told PTI in an interview in ...

Airlines scour globe for capacity as aircraft shortage takes toll

The massive aircraft deals announced this year are testament to the optimism about a post-pandemic rebound

Akasa Air commences daily flight operations from Kolkata: Report

Akasa Air on Thursday started daily flight services from Netaji Subhas Chandra Bose International (NSCBI) Airport in Kolkata, the airline said in a statement. The eastern metropolis is the airline's 17th destination and the second in West Bengal after Bagdogra. The airline started non-stop flights between Kolkata and Guwahati and Bengaluru. In the inaugural flight, 174 passengers travelled from Kolkata to Assam's largest city and 167 arrived in Kolkata from the Karnataka capital. On a daily basis, the airline's flight will arrive in Kolkata from Bengaluru at 5.15 pm and leave for Guwahati at 5.55 pm. The return flight from Guwahati will reach Kolkata at 9.10 pm and leave for Bengaluru at 9.50 pm, an AAI statement said. "Akasa has introduced services such as a caf and allowed pets on the plane," Belson Coutinho, co-founder and Chief Marketing and Experience Officer of the airline said. "We are delighted to launch operations from Kolkata, our second destination in West Bengal," Prav

Akasa Air expands its training centre, can train over 700 professionals

Akasa Air has expanded its training and development centre, which can train more than 700 aviation professionals, including pilots, cabin crew, engineers and airport services and security personnel. As the less-than-a-year-old carrier, which has more than 2,500 staff, announced its expansion on Monday, Founder and CEO Vinay Dube said, "we are confident about our future and continue to invest in it. Nothing we do at Akasa is short term in nature". In recent days, the country's fast-growing civil aviation sector has witnessed turbulence with budget carrier Go First suspending flights since May 3 and later going into resolution proceedings under the insolvency law. According to a release, Akasa Air has inaugurated the second phase of the Akasa Air Learning Academy (AALA) in Gurugram. In July 2022, Akasa Air had invested in a 14,000 sq feet, dedicated learning academy. "This new facility adds another 20,000 square feet of world-class, technologically forward, learning capabilities fo

Akasa Air's occupancy soars at fastest pace among peers in April

Load factor of market leader IndiGo shows second biggest rise

Akasa Air says no significant impact of delay in Boeing 737 delivery

Akasa Air began operations last August and has 19 737 Max planes in its fleet

Boeing faces production issues; Air India, Akasa expansion may get delayed

Boeing has clarified that the planes already in service will not have an impact since this is not an immediate flight safety issue

Domestic passenger traffic grows 51.7% on YoY basis; IndiGo gains mkt share

The domestic airlines carried a total of 37.5 million passengers between January-March 2023 as compared to 24.7 million passengers during the corresponding period in the last year

Akasa Air had worst load factor in March 2023, SpiceJet topped the charts

The two carriers' load factors are in direct contrast to their on-time performance. Akasa Air was at the top, SpiceJet was at the bottom in March OTP chart, shows data from aviation Ministry

SpiceJet had worst on-time performance in March; Akasa was best: Govt data

AirAsia India and Air India had the -lowest and third-lowest OTPs among 7 major carriers

Standard Chartered, Akasa Air close operating lease of Boeing 737 Max 8

The first four MAX 8s were delivered between December 2022 and March 2023, the fifth is scheduled for delivery in the second quarter of calendar 2023