India's Akasa Air said on Thursday it is raising fresh capital from the investment offices of Wipro founder Azim Premji and Manipal Hospitals Chairman Ranjan Pai, as well as funds of wealth management ...

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

Akasa Air remains confident about the timely delivery of its ordered Boeing 737 MAX jets, despite concerns surrounding the US manufacturer’s production schedule amid intense scrutiny after a mid ...

Akasa Air's parent company, SNV Aviation, is set for a boost as Azim Premji's investment arm, Manipal Group Chief Ranjan ...

Indian carrier SpiceJet to raise $360 mln in latest move to restore normalcy July 23, 2024 India's Akasa Air is confident that deliveries of its ordered Boeing 737 MAX jets will be on time ...

Akasa Air secured prominent investors to inject new capital into the airline, including Premji Invest, Ranjan Pai, and 360 One Asset, according to a statement released by the airline on 06 February.

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 ...

The consortium of investors includes the investment arm of Azim Premji, Claypond Capital – the investment office of Dr Ranjan Pai, as well as funds managed by 360 ONE Asset.

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 ...

The first of the five Boeing 737 Max in all economy configurations entered service this month. The airline plans to deploy ...

Akasa Air, India’s youngest airline, is well-capitalised and plans to add 5-10 new destinations, including international routes, next year as it aims to maintain its position as the country’s ...

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 ...