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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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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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Akasa Air fined ₹10 lakh by DGCA | Company Business News
Livemint
·
7m ago
Medial
The Directorate General of Civil Aviation (DGCA) has imposed a fine of ₹10 lakh on Akasa Air for refusing boarding to seven passengers on a flight from Bengaluru to Pune. The airline failed to comply with regulatory provisions and did not provide compensation to the affected passengers. This comes after the DGCA served two showcause notices to Akasa Air for poor maintenance standards and not revising the operations manual. The airline has been facing issues with its pilots, with some accusing the airline of malpractice and safety concerns.
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Section of Akasa Air pilots seeks detailed DGCA audit
Livemint
·
7m ago
Medial
A group of Akasa Air pilots is reportedly distressed over training issues and is requesting a thorough audit from the Directorate General of Civil Aviation (DGCA) after it suspended two senior officials due to lapses. The pilots, forming a union, state that DGCA recently issued ten showcause notices to the airline. Claims of inadequate flying hours and issues with resignations due to large bond amounts are highlighted amidst alleged training practice concerns.
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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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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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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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Akasa Air raises fresh capital from PremjiInvest, Ranjan Pai's Claypond
VCCircle
·
6m ago
Medial
Akasa Air is raising new capital from PremjiInvest, Ranjan Pai's Claypond, and 360 ONE funds, although terms remain undisclosed. The late Rakesh Jhunjhunwala's family, key backers of the airline, are contributing additional funds. Akasa, which operates a fleet of Boeing 737 MAX jets across 22 domestic and 5 international cities, aims to ensure sustainable growth and financial security. Despite regulatory issues, Akasa claimed a 4.6% market share in 2024, ranking third among Indian airlines.
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Akasa Air plans to raise up to $400 mn
Livemint
·
1y ago
Medial
Akasa Air, India's newest airline, is considering a fundraising plan to raise as much as $400 million, valuing the company at $1 billion. The proposed funding may lead to a dilution of the stake held by the family of late billionaire investor Rakesh Jhunjhunwala. UBS Group has been appointed to manage the fundraising, which is expected to take place over the next 12-18 months. The capital raised will likely be utilized to expand Akasa Air's fleet, improve compensation packages for pilots, and enhance in-flight services.
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Aviation market big enough for Akasa Air to succeed, says CEO Vinay Dube
YourStory
·
1y ago
Medial
Akasa Air, a growing Indian airline, believes that the aviation market is large enough for them to succeed and does not view competition as either encouraging or discouraging. The airline currently operates a fleet of 24 Boeing 737 MAX planes, conducting over 900 flights per week. While prioritizing service excellence and cost leadership, Akasa Air is also looking to expand its network and international operations. Ancillary services, such as allowing pets on board, are a focus area for the airline. Akasa Air has over 4,000 employees and plans to expand its fleet with over 200 aircraft in the next eight years.
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