Page 9 - Akasa Air

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

Standard Chartered closes operating lease of 5 aircraft with Akasa Air

Global banking group Standard Chartered on Monday said it has closed an operating lease of five new Boeing 737 MAX 8 aircraft with domestic carrier Akasa Air. While the bank already provides Akasa Air with corporate banking solutions and services, this is the first aviation finance transaction with the airline, Standard Chartered said in a statement. As part of the deal, structured, financed and arranged exclusively by Standard Chartered Aviation Finance, the first four aircraft were delivered to the airline between December 2022 and March this year, it said. The fifth and final aircraft is scheduled for delivery in the second quarter of 2023, Standard Chartered added. Akasa Air, which started operations on August 7 last year, had 19 Boeing 737MAX8 in the fleet as of March 25, according to an aircraft fleet tracking website. Standard Chartered has further strengthened its relationship with Akasa Air and supported its growth with these new additions to its fleet, said Kieran Corr,

Akasa Air launches two new flights from Lucknow to Goa, Ahmedabad

To offer seamless connectivity to the passengers flying out of Chaudhary Charan Singh International Airport (CCSIA) here, Akasa Air on Sunday launched two flights to Goa and Ahmedabad. With Akasa Air, the airport now has three airlines connecting Lucknow with Goa, CCSI said in a statement. The other two airlines connecting the two cities are AirAsia and Indigo, it said. Akasa Air is also launching a new flight connecting Lucknow with Ahmedabad, taking their weekly departures from the airport up to 35, the statement said. The daily non-stop flight from Lucknow airport to Goa will depart at 14:15 hrs and to Ahmedabad at 21:00 hrs. Over 18,000 passengers travel in over 128 flights, both domestic and international, from Lucknow airport on a daily basis.

Akasa wants to be nimble, efficient rather than have a label: CEO Dube

Flying in the Indian skies for more than seven months now, Akasa Air wants to be nimble and efficient rather than have a label, which will sometimes pigeonhole the airline into doing and not doing certain things, according to its founder Vinay Dube. At the same time, he said that people have started using the words like "warm, empathetic and kind" for the onboard experience and those are exactly the kind of words that we would like to be associated with the Akasa experience. With 19 aircraft in its fleet and operating 110 daily flights, the carrier is in its early stages but does not want to be labelled as a startup or as a budget carrier. By the end of this year, the airline plans to start international operations and place a "three-digit order" for aircraft. In an interview with PTI, Dube said the airline is in its early stages, but "if someone has got 19 aircraft, is that a startup or is that not a startup?" "Again, I am not great with labels, and even with people, I just don't

Akasa Air to hire nearly 1,000 people by March 2024: CEO Vinay Dube

Akasa Air plans to hire nearly 1,000 people and take the total staff strength to more than 3,000 by the end of March 2024 as the airline continues to expand its fleet as well as routes, according to its chief Vinay Dube. The airline, which took to the skies a little over seven months ago, also plans to start international operations by the end of this year, and the possible overseas destinations are still in the process of being finalised. In an interview with PTI, Dube, the founder and CEO of Akasa Air, said the airline will place a "three-digit aircraft order" by the end of this year. It has placed an order for 72 Boeing 737 Max aircraft, and 19 of them are already in its fleet. The 20th aircraft will be inducted in April, following which it will also be eligible to fly overseas. In the next financial year, the carrier aims to add another 9 planes to its fleet, taking the total size to 28. Currently, it operates 110 flights every day. "We have more than 2,000 employees today, an