Page 3 - Latest Updates on Akasa Air
Akasa Air to start services to Guwahati, Agartala from Bengaluru
Newly-launched Akasa Air on Monday said it will commence its flight services to the northeast with the addition of Agartala (Tripura) and Guwahati (Assam) from October 21
 "Akasa Air to start services to Guwahati, Agartala from Bengaluru")
Air India's future market share depends on aviation sector's probabilities
Its aim for a third of the domestic market by 2027 is contingent on a host of factors, many of them outside its control
 "Air India's future market share depends on aviation sector's probabilities")
Akasa Air grounds B737 Max aircraft after noticing engine fuel leak
Carrier operating with three planes, will source spare parts to repair the engine fuel pump
Top headlines: Fortis shares tank on SC verdict; Rupee hits new low
The rupee closed at a record low of 80.86 to the dollar, down from 79.9750 in the previous session
 "Top headlines: Fortis shares tank on SC verdict; Rupee hits new low")
SpiceJet says will hike salaries of senior pilots by 20% from October
The carrier earlier this week sent 80 pilots on leave without pay for three months to save costs
 "SpiceJet says will hike salaries of senior pilots by 20% from October")
Akasa Air filled 53% seats in August, accounting for 0.2% market share
Top-6 carriers posted much higher seat occupancy; experts say not much can be read into Akasa's load factor as airline is at a very nascent stage
Akasa Air operates its maiden flight from Chennai, 5th city in its network
Akasa Air inaugurated its first flight from Chennai, the fifth city in its network, enabling the airline to offer twice-daily flights in each direction on the Chennai-Bengaluru route
Akasa, IndiGo slash fares as competition heats up in domestic market
Prices lower by 20-25% on Akasa Air's three routes, discounts being offered even for close-in travel
 "Akasa, IndiGo slash fares as competition heats up in domestic market")
Personal data protection: Firms need to do more
Corporations need to invest in cybersecurity to not only protect consumer data but also the business at large
Akasa Air issues apology after data breach, says no intentional attempt
Akasa Air suffered a data breach, allowing unauthorised individuals to view data of some of its customers, India's new airline has admitted
Personal info of Akasa Air's passengers leaked, airline informs CERT-In
Akasa Air had on August 7 launched commercial flight operations by operating its first service on the Mumbai-Ahmedabad route using B737 Max aircraft
Before his death, Jhunjhunwala & family became Akasa's biggest shareholders
Three trusts named after his twin sons and daughter now hold 27% stake in firm; combined family holding at 46%
Top headlines: IT services cos' salary costs rise, 5G roll-out to take time
Business Standard brings you the top headlines at this hour
 "Top headlines: IT services cos' salary costs rise, 5G roll-out to take time")
Akasa Air expects to operate over 150 weekly flights by September end
Akasa Air, which commenced services on the Bengaluru-Mumbai route on Friday, expects to operate more than 150 weekly flights by the end of September
Akasa Air has strong financials to place order for more planes: CEO
The Jhunjhunwala family holds stakes in the airline through three discretionary trusts
 "Akasa Air has strong financials to place order for more planes: CEO")
Top headlines:Airtel makes Rs 8k-cr spectrum payment; ECLGS corpus enhanced
New entrant Akasa Air is financially strong enough to place an aircraft order in the 18 next months that will be significantly larger than its first, its founder and CEO Vinay Dube said on Wednesday
 "Top headlines:Airtel makes Rs 8k-cr spectrum payment; ECLGS corpus enhanced")
Akasa Air is well-capitalised, to add one aircraft every two weeks: CEO
Vinay Dube said the airline was well-capitalised to induct 72 aircraft over next 5 years, while mourning the death of Akasa's top backer and ace investor Rakesh Jhunjhunwala who passed away on Sunday
Rakesh Jhunjhunwala bet big on Akasa, said its take-off changed the game
In his last public appearance, the ace investor gave India's aviation the lift-off it needed
Akasa Air will honour legacy, values, beliefs of Jhunjhunwala: Vinay Dube
Akasa Air's chief mentioned about the billionaire investor being an early believer in the team and putting his trust and faith in them to build a world-class airline
 "Akasa Air will honour legacy, values, beliefs of Jhunjhunwala: Vinay Dube")
End of an Era: The 'Big Bull' Rakesh Jhunjhunwala passes away at 62
As of August, 2022, his net worth was $5.8 billion. He invested via his firm Rare Enterprises
 "End of an Era: The 'Big Bull' Rakesh Jhunjhunwala passes away at 62")
