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…

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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…

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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…

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