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.
20 Jan 2024Apart 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
2 min read1 Apr 2020Vinay 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
1 min read14 Feb 2020Vinay 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
1 min read20 Oct 2019We 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
2 min read22 Apr 2019CEO 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
2 min read17 Apr 2019Jet Airways CEO Vinay Dube tells pilots salary delays are temporary and should be addressed in the next 45-60 days
2 min read5 Dec 2018Cost optimisation efforts have resulted in savings worth 500 crore in the first half of the current fiscal, Jet Airways CEO Vinay Dube says
1 min read21 Nov 2018The Naresh Goyal-controlled private carrier has been reporting losses since the last three successive quarters
2 min read19 Nov 2018Jet Airways says the airline will raise 3,500 crore within six months and save 2,000 crore in costs
3 min read28 Sep 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared