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 has a fleet of 26 Boeing 737 MAX narrowbody aircraft, and the 27th aircraft is expected to join the fleet soon. The airline has an order for over 200 Boeing MAX aircraft. Like other ...

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 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.

The deliveries included 40 737 MAX aircraft, up from 25 delivered in the same month a year ago, when a mid-air blowout on a nearly new Alaska Air 737 MAX 9 grounded the model and brought Boeing ...

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

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 ...