Akasa Air - Wander City

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

alishpagda08@gmail.com6 months ago03 mins

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 Wipro founder Azim Premji and Manipal group chief Ranjan Pai, is set to acquire a substantial minority stake in Akasa Air, according to informed sources.The…

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

alishpagda08@gmail.com7 months ago03 mins

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 a flight operated by him made a hard landing. During a regulatory audit of the airline conducted in Mumbai last month, the regulator discovered the…