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News on Medial
Akasa sues 43 pilots for joining other airlines without serving a notice period
Livemint
·
1y ago
Medial
Akasa Air, a 13-month-old airline, is taking legal action against 43 pilots who joined other airlines without serving the notice period. The airline is seeking around ₹22 crore in compensation for revenue loss and damage to its reputation. This mass exodus of pilots has led to several flight cancellations since August 2023. Akasa Air considers the pilots' actions a violation of their contracts and the country's civil aviation regulations, causing inconvenience to passengers. The airline currently operates with a fleet of 20 planes and had plans to start international operations.
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Indian carrier Akasa flying less after some pilots quit abruptly - memo
Reuters
·
1y ago
Medial
Indian budget carrier Akasa Air is reducing its flying operations and sacrificing market share temporarily to ensure a reliable operation after several pilots quit the airline unexpectedly. The pilots' abrupt departure caused disruptions in flights between July and September, resulting in last-minute cancellations. Akasa's market share dropped to 4.2% in August from 5.2% the previous month. The company plans to take legal action against the pilots who left without serving their contractual notice period. Akasa has received regulatory approval to fly to international destinations and will commence operations by the end of the year.
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Section of Akasa Air pilots flags concerns over unfair practices; airline terms allegations untrue
Livemint
·
7m ago
Medial
A group of pilots from Akasa Air has raised concerns about training and safety issues at the airline and has sought intervention from the civil aviation ministry. The pilots claim that 84 pilots have resigned with one-day notice due to alleged mismanagement. However, Akasa Air denies these allegations and states that the claims are baseless and untrue. The airline also highlights that their employee survey consistently shows high levels of job satisfaction among pilots. Previously, the Directorate General of Civil Aviation (DGCA) had fined Akasa Air ₹30 lakh for lapses in crew training.
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DGCA issues show cause notice to Akasa Air on violation related to operations manual
Livemint
·
7m ago
Medial
The Directorate General of Civil Aviation (DGCA) has issued a show cause notice to Akasa Air, a new airline in India, for violating norms related to its operations manual. The regulator found that the airline's operations manual exceeded the required six-month revision cycle. Additionally, the notice mentioned the airline's failure to comply with Civil Aviation Rules. This comes after a show cause notice was also issued to an Akasa Air engineer for poor maintenance standards. Some pilots have also raised concerns about safety and training practices, calling for an independent investigation into the airline's management. Akasa Air has dismissed the allegations as baseless.
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IBS Software eyes more biz opportunities in Indian airlines industry
Economic Times
·
5m ago
Medial
IBS Software, a leading SaaS solutions provider in the travel industry, plans to explore more business opportunities in India's airlines and loyalty programmes segments. The company's Executive Chairman, V K Mathews, highlights India's growth potential, despite its price-sensitive market. IBS Software, serving various global clients, aims to work with airlines like IndiGo and Akasa Air. Mathews notes the shift in India from seeing IT as a cost to recognizing its value, marking a changing trend.
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India's struggling carrier Akasa blames regulator "inaction" as pilots quit
Reuters
·
1y ago
Medial
Indian budget carrier Akasa Air has accused the aviation regulator of causing significant financial and operational hardships by not intervening to stop pilots from abruptly quitting, leading to flight cancellations. Over 40 pilots have recently resigned, causing around 18% of flights to be canceled in August. Akasa is suing the pilots for contractual violations and has warned of potential closure if the situation continues. The airline argues that the regulator should intervene in the public interest. The Directorate General of Civil Aviation (DGCA) will respond in court to Akasa's plea.
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Akasa Air pulls off a surprise, launches codeshare with Etihad | Company Business News
Livemint
·
8m ago
Medial
Over the weekend, Akasa Air, a Mumbai-based airline, launched a surprise move by starting flights with Etihad codeshare. The flights from Ahmedabad and Bengaluru to Abu Dhabi, set to begin in March 2025, are now listed on Etihad's website. This gives Akasa Air a head start compared to other airlines that took years to establish codeshare agreements. This move benefits both Akasa Air and Etihad, as it allows Akasa Air to expand its international presence and increases Etihad's feed from India. The deal capitalizes on the unused rights between India and Abu Dhabi.
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Wipro sues former CFO Jatin Dalal
Livemint
·
1y ago
Medial
IT major Wipro has taken legal action against its former CFO, Jatin Dalal, while Dalal has filed for arbitration. The exact reasons for the lawsuit are unknown, but the court will decide on January 3 whether the matter should proceed to arbitration. Dalal recently resigned from Wipro and is now serving as Cognizant's CFO. Additionally, Wipro has lodged a complaint against its former SVP and accused him of violating non-compete covenants by joining Cognizant.
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DGCA issues show cause notice to Akasa Air over multiple regulatory breaches | Mint
Livemint
·
11m ago
Medial
Indian airline operator Akasa Air has received a show cause notice from the Directorate General of Civil Aviation (DGCA) for multiple regulatory breaches. The airline, which began international operations in March 2024, was found to be non-compliant with civil aviation regulations and failed to carry a route guide as mandated by Rule 140C of the Aircraft Rules. The DGCA's audit also revealed that Akasa Air conducted practical training sessions without necessary approvals. The airline has been given seven days to respond to the allegations.
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Report says Paytm asked fired staff to return bonuses, firm denies
Hindustan Times
·
1y ago
Medial
Paytm denied reports saying it's asking fired employees to pay back their joining and retention bonuses, which the startup retrieves if an employee quits within 18 months of joining. Reports also claimed that Paytm asked fired employees to "voluntarily resign" without any prior notice. Some employees reportedly said Paytm's HR team warned them of repercussions for failing to resign voluntarily.
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Forced layoff row: Paytm not to recover joining bonus after Labour Min intervention
YourStory
·
1y ago
Medial
Paytm management appeared before the labour commissioner following allegations of employee termination. They agreed not to recover the joining bonus from the worker and to make the notice period payment. The employee, who remains unnamed, accepted the exit offer and the grievance has been resolved. However, some other employees have expressed dissatisfaction with the termination process. The labour commissioner acted swiftly after a complaint was filed by an employee. Paytm did not respond to requests for comment on the issue.
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