Akasa Air, which is owned by billionaire investor Rakesh Jhunjhunwala, received the air operator certificate (AOC or licence) from the Directorate General of Civil Aviation (DGCA) on Thursday and will start flying by the end of the month. Vinay Dube and Aditya Chosh, two aviation industry veterans from India, will be flying for Akasa when it receives two Boeing 737 MAX aircraft and starts commercial operations. After IndiGo, SpiceJet, GoFirst,... Read More
The newest airline in India, Akasa Air, today presented the first image of its airline staff uniform, making it the first airline in India to provide its in-flight personnel with personalised pants, jackets, and sneakers. The airline, which is backed by Rakesh Jhunjhunwala, claims that the uniform was inspired by the company's guiding principles of employee centricity and sustainability. The fabric for the jacket and pants was created especially for... Read More
According to Chief Executive Officer Vinay Dube, the newest airline in India, Akasa, plans to launch its commercial operations by the end of July and will conduct a proving flight with the Directorate General of Civil Aviation of the nation as soon as next week. Vinay Dube said in an interview at the startup airline's office in Mumbai that Akasa, supported by billionaire Rakesh Jhunjhunwala, will probably receive its air... Read More
The first of Akasa Air's 72 Boeing 737 MAX aircraft arrived at the Indira Gandhi International Airport today in the presence of the company's senior staff. The airline received the ceremonial keys to the aircraft on June 15th, 2022 in Seattle, USA. Akasa Air is one step closer to acquiring an Air Operator's Permit (AOP), which is required for the airline to begin commercial flights in the country. "The arrival... Read More
Akasa Air, which is funded by billionaire businessman Rakesh Jhunjhunwala, received the first 737 Max aircraft from Boeing on Thursday. "Congratulations @AkasaAir on the delivery of your first 737-8! We are excited for you and your passengers," tweeted by Boeing India. Last month, the airline unveiled photos of its first Boeing 737 Max aircraft as it prepared for delivery from the assembly site in Portland, Oregon. According to a statement... Read More
Akasa Air Signs Contract With Griffin Global Asset Management for Sale and Leaseback of Five Boeing 737-8 Aircraft
Akasa Air has agreed to sell and leaseback five Boeing 737-8 aircraft to Griffin Global Asset Management, an Irish leasing company. Under a sale and leaseback deal, the airline sells its planes to a leasing company and then leases them back. This frees up the monies that were used to acquire the plane by the airline. Just three months after the Directorate General of Civil Aviation (DGCA) gave the planes... Read More
The airline code for Akasa Air, which is owned by Rakesh Jhunjhunwala, will be "QP," the airline revealed on Tuesday. "Quite Proud to Announce Our Airline Code - QP!" tweeted Akasa Air, which plans to begin commercial flying operations in July. A designator code is assigned to every airline in the world. IndiGo's code is "6E," Go First's is "G8,," and Air India's is "AI," for example. In August 2021, the... Read More
Akasa Air provided an update on its plans to open business soon, stating that it has chosen a service provider for its reservations system. The soon-to-be-launched airline is sure that its technology provider will meet its requirements as a low-cost carrier focused on data-driven customer service solutions. The budget carrier has entrusted its reservation and retailing systems to Navitaire, a Minneapolis-based Amadeus company that specialises in providing technology and business... Read More
The immense plans of Akasa Air, which is funded by ace investor Rakesh Jhunjhunwala, are now out. Akasa Air, which is financed by Rakesh Jhunjhunwala, will begin commercial operations in June, according to its CEO Vinay Dube. According to a PTI report, Dube stated at an interactive session on the sidelines of Wings India 2022 that the airline expects to have a fleet of 72 aircraft in the next five... Read More
Akasa Air, the latest arrival into India’s aviation market, is hoping to hire around 300 cabin crew members and pilots by March 2023, according to its investor Rakesh Jhunjhunwala. The remuneration for pilots is roughly 80% higher than that of its competitor SpiceJet. By March 2023, Jhunjhunwala’s airline plans to add 300-350 cabin staff members and pilots. SpiceJet and Akasa Air will both use Boeing 737s in their fleets. While... Read More
In what can be termed as an unusual approach, the new Indian airline Akasa may offer company shares to a larger pool of top employees rather than a selected group of C-suite executives. Industry experts see Akasa’s approach of employee stock options as a strategy to retain the talent pool for an extended period of time. Airlines witness a regular shedding of resources, especially after the pandemic. Many pilots were... Read More
India’s upcoming and most awaited airline Akasa Air seems to be on track for its first flight this summer. From being in the preliminary stages of setting up the airline to finding high-profile investors, signing an aircraft deal with Boeing and deciding upon the airline’s branding, CEO of Akasa Air, Vinay Dube has really brought the airline into fruition. Things have been going well as far as the airline is... Read More
According to HSBC Global Research, there are chances that the entry of two new airlines – Akasa and Jet Airways 2.0 – could disrupt the Indian domestic airlines. The two airlines could bring in recent battles on pricing standards and excess supply issues in the Indian aviation market. In a report titled ‘Indian Aviation, 2022: A Year of Two Halves,’ HSBC Global Research said that India’s aviation sector would recover... Read More
In a recent interview on January 11, the CEO of upcoming Indian airline Akasa Air, Vinay Dube has confirmed that it will not be an ultra-low-cost carrier. As far as the launch of the airline is considered, the airline is expected to begin its operations in mid-2022 even though it still awaits the crucial Air Operator Certificate (AOC). All the previous rumours regarding the upcoming airline claimed that Akasa Air... Read More
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