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

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 ...

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

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 ...

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

Akasa Air said on Thursday it is raising fresh capital from the investment offices of Wipro founder Azim Premji and ...

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

Akasa Air inducted 20 Boeing 737 Max aircraft in its first year of operations. Growth has slowed down since then with airline receiving four planes last year. The airline’s founder-CEO Vinay ...

Feb 6 (Reuters) - India's Akasa Air said on Thursday it is raising fresh ... Akasa, which flies a fleet entirely made up of Boeing 737 MAX aircraft, is in a regulatory soup over alleged rule ...

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