Akasa Air gets funding boost! Azim Premji-Ranjan Pai family offices to buy significant minority stake – Times of India

The budget carrier aims to raise $130-140 million through this transaction. Akasa Air stake sale: A consortium led by Premji Invest and Claypond Capital, representing the Bengaluru-based family offices of…

Continue ReadingAkasa Air gets funding boost! Azim Premji-Ranjan Pai family offices to buy significant minority stake – Times of India

DGCA show cause to Akasa for no corrective training to captain post hard landing at Bangalore – Times of India

NEW DELHI: The Directorate General of Civil Aviation (DGCA) on Tuesday issued a show cause notice to Akasa Air for reportedly not providing corrective training to a pilot-in-command (PIC) after…

Continue ReadingDGCA show cause to Akasa for no corrective training to captain post hard landing at Bangalore – Times of India

$125 million investment in Akasa Air soon? Family offices of Wipro’s Azim Premji, Manipal Group’s Ranjan Pai look to board new airline – Times of India

Akasa Air, one of India's newest airlines, is in discussions with a consortium comprising Premji Invest and Claypond Capital, the family offices of Wipro's Azim Premji and the Manipal Group's…

Continue Reading$125 million investment in Akasa Air soon? Family offices of Wipro’s Azim Premji, Manipal Group’s Ranjan Pai look to board new airline – Times of India

Indian carriers operate 56 Boeing 737 MAX planes; no engine failures reported recently: Govt – Times of India

NEW DELHI: As many as 56 Boeing 737 Max planes are being operated by Indian carriers, and no engine failures have been reported by them recently, the government said on…

Continue ReadingIndian carriers operate 56 Boeing 737 MAX planes; no engine failures reported recently: Govt – Times of India