Page 5 - Akasa Air
Akasa Air launch may be delayed further as it awaits aircraft delivery
'Their (Akasa Air) aircraft delivery is delayed and it is expected to come around June /July. As far as other procedures are concerned, they all are on track,' says a DGCA official
 "Akasa Air launch may be delayed further as it awaits aircraft delivery")
Jhunjhunwala-backed Akasa Air to have airline code 'QP'; ops to begin July
Akasa Air, which is planning to start its commercial flight operations in July, on Tuesday said its airline code will be "QP". Every airline in the world has a designator code. For example, IndiGo's code is "6E", Go First's is "G8" and Air India's is "AI". Akasa Air said on Twitter, "Quite Proud to announce our airline code - QP!" The airline, which is backed by ace investor Rakesh Jhunjhunwala and aviation veterans Vinay Dube and Aditya Ghosh, received the no-objection certificate (NOC) from the Ministry of Civil Aviation in August 2021 to launch commercial flight operations. With the Directorate General of Civil Aviation giving the green light to Boeing 737 Max aircraft in late August last year, Akasa Air signed a deal with Boeing on November 26, 2021 to purchase 72 Max planes.
 "Jhunjhunwala-backed Akasa Air to have airline code 'QP'; ops to begin July")
Akasa Air ties up with Navitaire for digital retailing, reservations system
Akasa Air, backed by ace investor Rakesh Jhunjhunwala, and aviation veterans Vinay Dube and Aditya Ghosh, is expected to begin its commercial operations in July
 "Akasa Air ties up with Navitaire for digital retailing, reservations system")
Akasa Air to launch flight operations in July instead of June
The commercial flight operations of Rakesh Jhunjhunwala-backed Akasa Air will be launched in July instead of June.
 "Akasa Air to launch flight operations in July instead of June")
Akasa Air to launch operations from June, expects fleet size at 72 in 5 yrs
He further said the airline plans to have 18 aircraft on ground as part of its fleet within 12 subsequent months of launching and then add 12 to 14 every year making it 72 in five years
Jhunjhunwala-backed Akasa Air plans first commercial flight in June
The airline aims to have 18 aircraft within 12 months from launch and will have 72 planes in five years, says CEO Vinay Dube
Stock options for staff, 'happy homes': Akasa airline makes flight plan
Akasa has hired around 50 employees for back office functions and is now recruiting pilots, flight attendants and airport staff.
Rakesh Jhunjhunwala's Akasa airline to lure staff with stock options
Akasa has hired around 50 employees for back office functions and is now recruiting pilots, flight attendants and airport staff.
Akasa Air take off likely in late May or early June: CEO Vinay Dube
Seeking to further democratise air travel with dependable and affordable services, Akasa Air likely to start flights in late May or early June after getting its first Boeing 737 MAX aircraft in April.
Top headlines: Modi calls for regulating crypto; RBI says growth recovering
Modi on Monday called for synchronised global action to regulate cryptocurrencies
 "Top headlines: Modi calls for regulating crypto; RBI says growth recovering")
Jhunjhunwala the biggest draw as investors line up to board Akasa
The interest from multiple backers in Akasa comes at a time when airlines, hit by two consecutive years of the pandemic, are scouring for funds
 "Jhunjhunwala the biggest draw as investors line up to board Akasa")
Tata's Air India win to Zee-Sony deal: 2021, year that was for businesses
After a year of disruptions, businesses were better prepared in 2021, not only adjusting to the new normal but also making the most of it
 "Tata's Air India win to Zee-Sony deal: 2021, year that was for businesses")
Best of BS Opinion: Risks in crypto-assets, challenge for Akasa and more
Here are the best of BS Opinion pieces of the day
 "Best of BS Opinion: Risks in crypto-assets, challenge for Akasa and more")
Top headlines: Sebi chief speaks on IPO valuations; Omicron spreads
Slice, a credit-card startup targeting young consumers, raised $220 million to become India's latest unicorn. More on that story in our top headlines.
 "Top headlines: Sebi chief speaks on IPO valuations; Omicron spreads")
Latest news LIVE: Pfizer signs $5.3-bn Covid pill deal with US govt
The purchase is contingent on US clearance of the Covid oral antiviral, which Pfizer has applied for, according to a statement from the company Thursday
 "Latest news LIVE: Pfizer signs $5.3-bn Covid pill deal with US govt")
Boeing's 737 Max scandal turns into success as Indian airlines order jets
Mumbai-based startup Akasa Air announced an order Tuesday for 72 of the jets at the Dubai Airshow, a deal worth $9 billion at list prices.
 "Boeing's 737 Max scandal turns into success as Indian airlines order jets")
Akasa Air inks $4.5-bn pact to buy CFM engines for its Boeing planes
CFM LEAP-1B engines will power the airline's recently acquired Boeing 737 MAX airplanes
 "Akasa Air inks $4.5-bn pact to buy CFM engines for its Boeing planes")
Top headlines: 5-6 PSUs to get privatised in FY22; Akasa inks engine deal
Business Standard brings you the top headlines on Wednesday
Jhunjhunwala-backed Akasa Air signs $9 bn deal for 72 Boeing 737 Max planes
The airline received no objection certificate from the civil aviation ministry last month
What could work and what needn't for Rakesh Jhunjhunwala's airline venture
It's a bold bet by Jhunjhunwala, in a market that has seen some airlines collapse in the face of intense fare wars and high costs. Here's all you need to know about the new airline