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 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
Indian regulations mandate that carriers must have at least 20 aircraft in their fleet to be eligible for international flights
Akasa Air on Tuesday said it has added the 20th aircraft to its fleet that also makes the airline eligible to start international operations.
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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
On the issue of airfares, he said that April, May and June are traditionally the peak months for the Indian aviation industry
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 CEO and founder Vinay Dube said that the airline is 'well capitalised' and can grow at a much faster pace
Akasa Air 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
The structural changes are aimed at putting performance and productivity at the centre of Air India's operations
In November 2021, Akasa Air had ordered 72 Max aircraft from Boeing.
Akasa Air CEO Vinay Dube told Reuters earlier this year that it would place a "substantially" large order for new narrowbody jets this year
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
To raise the money, Akasa Air has approached potential investors which include PE firms and high-net-worth individuals
India is one of the world's fastest-growing aviation markets, and domestic air traffic is recovering strongly after the coronavirus pandemic
The massive aircraft deals announced this year are testament to the optimism about a post-pandemic rebound
The eastern metropolis is the airline's 17th destination and the second in West Bengal after Bagdogra
According to a release, Akasa Air has inaugurated the second phase of the Akasa Air Learning Academy (AALA) in Gurugram
Load factor of market leader IndiGo shows second biggest rise