Moneycontrol PRO
HomeNewsBusinessAkasa Air launch delayed by a few weeks to July

Akasa Air launch delayed by a few weeks to July

The airline is yet to import an aircraft, after which it will get the air operator’s permit, which will clear the way for Akasa to apply for airport slots

April 25, 2022 / 19:11 IST

Low-cost carrier Akasa Air will now take to the skies in July, about a month later than when it was expected to start operations.

“The airline’s take off will slip over into July,” Vinay Dube, founder, managing director and chief executive officer of the startup airline, said in a telephonic interview over the weekend. Media reports had suggested the airline, in which billionaire Rakesh Jhunjhunwala is an investor and former IndiGo president Aditya Ghosh is a co-founder, would start flying in June.

Also Read | ‘I hope to prove people wrong’: Rakesh Jhunjhunwala’s retort to sceptics of Akasa Air

The launch has been pushed back by a few weeks because the airline is yet to import an aircraft, after which it will get the air operator’s permit, which will pave the way for Akasa Air to apply for slots at airports. The airline will also have to carry out proving flights before it gets the green signal to take off.

A proving flight allows an operator to demonstrate to the Directorate General of Civil Aviation (DGCA) its ability to conduct the flight of a newly inducted aircraft safely and in accordance with rules and regulations.

The airline will start with an all-Boeing fleet. Akasa signed orders for 72 Boeing 737 MAX aircraft during the Dubai Airshow 2021 in November. Eighteen aircraft are due to arrive in the first year and the entire order will be delivered over five years.

Also Read | We do not aspire or have any ambition to be an ultra-low-cost carrier: Vinay Dube, founder, MD and CEO, Akasa Air

Overseas flights

Dube said it would be wrong to assume that the decision to get 18 aircraft in the first year was driven by the desire to start international operations at the earliest.

“We feel 18 provides the right economies of scale to a startup airline looking to start safe and maintain economies of scale. Five (aircraft) is too few and 40 is too many,” he said.

Indian carriers must have at least 20 aircraft to start international flights, a criterion that Akasa Air will fulfill in its second year. Dube said the airline hopes to start international operations in the second quarter of 2023.

The first 20 aircraft that Akasa will get will be white-tail aircraft, which are planes that have been produced but not taken by any airline and hence do not have an airline’s logo on them.

Apart from the launch delay by a few weeks, things are moving fast, according to Dube. The airline has hired staff members primarily from other airlines as Akasa needs trained personnel to get off the ground.

About 120 flight attendants, 150 pilots and 20 aircraft engineers have been signed up to join Akasa.

“We have about 25 to 30 pilots on our payrolls. Others will join as aircraft keep getting inducted,” Dube said.

Former Jet Airways pilots and senior management officials who waited for three years for Jet to restart have joined Akasa Air now. Among them are Pravin Iyer, former senior vice president, commercial, Jet Airways, who is now co-founder and chief commercial officer of Akasa Air, and Belson Coutinho, who now heads marketing for Akasa Air.

Dube himself was CEO of Jet Airways when the airline suspended operations in April 2019.

Officials said Akasa Air should be included in airline reservation systems for passengers to make bookings by June.

Ashwini Phadnis is a senior journalist based in New Delhi.
first published: Apr 25, 2022 02:54 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347