Akasa Air

Domestic air traffic grew 11.28 per cent to 1.46 crore in January compared to the year-ago period, according to official data. IndiGo saw its market share climb to 65.2 per cent while that of Air India Group declined to 25.7 per cent last month. Akasa Air and SpiceJet saw their respective market share increased to 4.7 per cent and 3.2 per cent. "Passengers carried by domestic airlines during January 2025 were 146.11 lakh as against 131.30 lakh during the corresponding period of the previous year thereby registering an annual growth of 11.28 per cent and monthly growth of 11.28 per cent," DGCA said on Thursday. Last month, the overall cancellation rate of scheduled domestic airlines stood at 1.62 per cent, with the highest cancellation rate for Fly Big at 17.74 per cent followed by Fly91 (5.09 per cent) and Alliance Air (4.35 per cent). The data released by the Directorate General of Civil Aviation (DGCA) showed that IndiGo recorded the highest On Time Performance (OTP) at 75.5 pe

Tech tycoon Azim Premji's global investment arm, Manipal Group Chief Ranjan Pai's family office and 360 ONE Asset have sought approval from fair trade regulator CCI to acquire stakes in domestic carrier Akasa Air's parent company SNV Aviation. "The proposed transaction involves the acquisition of certain shareholding by each of PIOF, Claypond and 360 Fund (through its various schemes and affiliates) in Akasa Air," said a notice filed with the Competition Commission of India (CCI) on Wednesday. PIOF is a Sebi-registered alternative investment fund owned and controlled by Premji Invest, while Claypond is an arm of the Pai family group. The 360 fund is a Sebi-registered AIF. The fund is managed by leading asset management firm 360 ONE Asset. SNV Aviation Pvt Ltd, which operates Akasa Air, is engaged in domestic, international scheduled air passenger transport services and air cargo transport services. In its submission to the CCI for the assessment of the proposed transaction, PIOF,

The airline's net loss more than doubled in 2023-24, soaring to Rs 1,670 crore from Rs 744 crore in the previous year

Bilateral rights, negotiated between two countries, determine the number of flights allowed between them. Each government then allocates its share to its airlines

Akasa Air, India's youngest airline, is well-capitalized and plans to add 5-10 new destinations, including international routes, next year as it aims to maintain its position as the country's fastest-growing airline, CEO Vinay Dube said. Dube, in an interaction with PTI, also projected an "incredibly bright" outlook for the next 30 years and said the delay in the delivery of one or two aircraft does not change the fundamentals of the airline's business or growth trajectory as it has built an extremely "strong and stable" platform. The nearly two-and-a-half-year-old Rakesh Jhunjhunwala family-backed Akasa Air currently has a fleet of 27 Boeing 737 Max planes and commanded a 4.6 per cent market share in CY2024. "It is no secret that Boeing has been delayed in its delivery stream. No secret about that, either from us or Boeing or any other airline whether one or two aircraft were late or not, is not something that changes the fundamentals of our business. It does not change the growth

During the inspection, the regulator found that electronic devices containing lithium batteries were being accepted without proper checks or verification of battery power

A section of Akasa Air has written to the civil aviation ministry seeking a probe into the airline's hiring practices, alleging rostering issues and other lapses. Among others, these pilots have claimed that some operating crew do not report to work on time and claimed that there are issues with reporting of On Time Performance. On Thursday, the section of the pilots sent an e-mail to Civil Aviation Minister K Rammohan Naidu, Civil Aviation Secretary, and Director General of Civil Aviation, flagging various issues at the airline. There was no immediate comment from Akasa Air. In the e-mail, the pilots have sought an investigation into the airline's hiring practices, claiming that hiring was being done at the whims and fancies of a chosen few. It also alleged that the carrier does not have a stable roster. Recently, the section of pilots had raised concerns about alleged training and safety issues at the airline even though the airline had rejected them as baseless and untrue. In

Belson Coutinho, a key member of Akasa Air's leadership since 2022, previously served as chief marketing and experience officer before being appointed Chief Operating Officer (COO)

Aviation watchdog DGCA has withdrawn the Line Training Captain approval given to an Akasa Air pilot for lapses in landing of a passenger aircraft in March 2024, till further orders, according to sources. Besides, the permission given to the pilot for carrying Short Take Off and Landing (STOL) has been withdrawn. This is the latest incident of Akasa Air coming under regulatory scanner for lapses. In an order issued on Monday, the Directorate General of Civil Aviation (DGCA) in an audit of Akasa Air conducted in October last year found that the pilot had made a hard landing, which means the aircraft had made an abnormal contact with the runway, the sources said. The incident was closed with a counselling session and no corrective training was imparted to the pilot concerned, as per the order. DGCA found that the replies by the airline and the pilot to its show cause notices, issued in November 2024, were not satisfactory. As a result, the sources said DGCA has decided to withdraw t

Resentment among a section of Akasa Air pilots continued allegedly over training issues with these pilots seeking a detailed DGCA audit of the airline a day after the regulator ordered suspension of two senior airline officials for certain lapses, according to a communication. In a detailed communication to the civil aviation ministry and the DGCA on Saturday, the section of pilots has also mentioned that they are in the process of forming a pilots' union at the airline. Queries to Akasa Air on this issue remained unanswered. According to the communication, the Directorate General of Civil Aviation (DGCA) has served 10 showcause notices to the airline in recent weeks for various alleged lapses. Earlier this month, allegations related to pilot training practices and attrition of pilots made by the section of pilots were termed baseless and untrue by the airline. On December 27, the DGCA ordered the suspension of Akasa Air's directors of operations and training for six months for ..

The regulator said an audit found that navigation skills of pilots were being conducted on simulators that weren't qualified for that kind of training

The sale is valid for 'Saver' and 'Flexi' fares on bookings made between 31st December 2024 and 3rd January 2025 for travel starting from 7th January 2025

This is not the airline's first run-in with the regulator. In October, the DGCA imposed a Rs 30 lakh fine on Akasa Air for lapses in pilot training

The DGCA has imposed a Rs 10 lakh fine on Akasa Air for denying boarding to seven passengers on a Bengaluru-Pune flight in September and failing to provide required compensation

Indian aviation achieved record-breaking traffic in November, with IndiGo flying over 10 million passengers, Air India crossing 30 lakh, and Akasa Air recording its best month yet

The sale is valid for 'Saver' and 'Flexi' fares on bookings made between 24 December 2024 and 26 December 2024, for travel starting from 7 January 2025.

Akasa Air is in continuous discussions with Boeing on aircraft deliveries and expects to add a few more planes to its fleet in the current fiscal ending March 2025, the airline's chief Vinay Dube has said. The carrier, which started flying in August 2022, currently has a fleet of 26 Boeing 737 MAX planes and 200 aircraft are on order. In a recent interview to PTI, Dube said that 2024 has been a good year for the airline and will continue to build on it in 2025. "On the service excellence we have provided, I think consumers look at Akasa as being a kind and gentler airline, little more empathetic. We will continue to treat our travellers in a kind, gentle manner," he said and added that the airline also continues to make sure its employees feel loved and respected. Earlier this month, some pilots flagged concerns about alleged training and safety issues, and the airline had rejected them as baseless and untrue. This year, the carrier has inducted 4 planes into its fleet. When aske

This is the second show cause notice issued by the DGCA to Akasa Air this month

Aviation regulator DGCA has issued a show cause notice to Akasa Air for violation of norms related to the airline's operations manual, according to sources. When contacted, an Akasa Air spokesperson said the Directorate General of Civil Aviation (DGCA) has raised certain findings for which they have issued a notice for clarification from the airline's flight operations team. So far this month, at least two show-cause notices issued by the regulator to the airline, which started flying in August 2022. Sources told PTI that the watchdog has found a violation with respect to the operations manual, which is required to be revised every six months. Citing the submissions made by SNV Aviation Pvt Ltd, which operates Akasa Air, the regulator said the revision cycle of the operations manual has exceeded the six-month cycle, which is in violation of certain provisions of Civil Aviation R (CAR), as per the sources. The show cause notice, dated December 16, has also mentioned that the Direct

Issues show-cause notice to airline after noticing poor maintenance standards during a spot check at Bengaluru airport