Vinay Dube News

India's youngest airline, Akasa Air, has placed an order for 150 Boeing 737 MAX narrowbody planes. This will boost its operations in the rapidly growing Indian aviation market. The order was announced at the Wings India air show in Hyderabad. The latest order, comprising 737 MAX 10 and 737 MAX 8-200 jets, will provide the airline a steady stream of aircraft deliveries through 2032. Earlier, while talking to Abhishek Singh, Deputy Editor, Mint on its new show, Rollin’ With The Boss, Akasa Co-founder Aditya Ghosh had revealed the airline’s future plans.

Apart from the pay cut, the airline has also taken other cost cutting measures during the last few weeksJust like GoAir, other airlines have also cut the salaries of its employees

Vinay Dube has earlier also held senior positions at Delta Airlines and American AirlinesVinay Dube held the position of CEO at Jet Airways during its last few turbulent years prior to its shutdown

Vinay Dube has joined the Wadi group company at a time it is expanding its international operationsSince Dube was at the helm of Jet Airways which had large international operations he is set to bring much needed experience and expertise to the GoAir

We have four weeks for the bid process to get completed and we remain focused on it, says Jet CEOPublic sector lenders led by SBI is carrying out the bidding process for new investors

CEO Vinay Dube says the airline does not have an ‘answer’ at present on the fate of its 20,000-odd employees during the stake sale processDube says the decision to shut the operations temporarily was taken after painstaking evaluation of all alternatives

Jet Airways CEO Vinay Dube tells pilots salary delays are temporary and should be addressed in the next 45-60 days

Cost optimisation efforts have resulted in savings worth 500 crore in the first half of the current fiscal, Jet Airways CEO Vinay Dube says

The Naresh Goyal-controlled private carrier has been reporting losses since the last three successive quarters

Jet Airways says the airline will raise 3,500 crore within six months and save 2,000 crore in costs