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

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.

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

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

Akasa Air is raising around ₹1,100 crore from investment offices of Azim Premji and Dr Ranjan Pai, as well as funds managed by 360 ONE Asset to support its operations and prepare for growth.

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.

GMR Aero Technique MRO Center near Hyderabad's Rajiv Gandhi International Airport showcases its aircraft painting process.

Akasa Air was launched in August 2022 it currently connects with 22 domestic and five international cities. The airline has a fleet of 27 aircraft and 226 more aircraft on order with Boeing.

Akasa, which flies a fleet entirely made up of Boeing 737 MAX aircraft, is in a regulatory soup over alleged rule violations, including those on training guidelines. The carrier flies to 22 ...

In 2021, Akasa Air placed its initial order of 72 Boeing 737 MAX aircraft, which was followed by an order of four Boeing 737 MAX 8 aircraft in June 2023. In January 2024, the airline placed ...