Akasa Air said late Indian billionaire Rakesh Jhunjhunwala’s family would also pour additional capital into the airline ...

Private airlines in India reported 268 aircraft malfunctions from Feb 2023 to Jan 2025. IndiGo and Air India recorded the ...

Akasa Air said on Thursday that it has signed agreements with marquee investors to infuse fresh capital into the airline. A ...

The consortium of investors includes the investment arm of Azim Premji, Claypond Capital – the investment office of Dr Ranjan ...

The airline, among India's newest carriers, did not disclose any financial terms. It said late Indian billionaire Rakesh ...

In December, the DGCA suspended two of its senior executives — director of training and director of flight operations – over ...

Boeing plans to increase delivery of two planes per month to Indian airlines, including the 737 Max to Air India Express and ...

Akasa Air is raising around ₹1,100 crore from investment offices of Azim Premji and Dr Ranjan Pai, as well as funds managed ...

Akasa Air will add 5-7 destinations in 2025 as it expects an improvement in its aircraft deliveries. Akasa Air inducted 20 Boeing 737 Max aircraft in its first year of operations. Growth has ...

This comes after Akasa Air faced challenges with the sale and leaseback (SLB) model, which helps airlines raise money. In an SLB arrangement, an airline sells one or more of its aircraft to a ...

It does not change the growth trajectory," Dube said in response to a question on aircraft deliveries. However, he said that Akasa has stopped giving guidance on deliveries because "the story changes ...

Akasa Air secured prominent investors to inject new capital into the airline, including Premji Invest, Ranjan Pai, and 360 ...