Can Akasa Air be the rival IndiGo’s never had?
CEO Vinay Dube will have to take a leaf out of the market leader’s book on keeping costs down if he hopes to provide competition.
9 August, 2022•12 min
0
9 August, 2022•12 min
0
Getting your Trinity Audio player ready...

Why read this story?
Editor's note: It would be normal to get up the morning after an unceremonial exit from your job with the feeling of having been wronged and the desire to hang up one’s boots. But what if one were to be inspired to prove oneself all over again? On 15 August 2020, a day after Vinay Dube ended a six-month CEO stint at Go First, he decided it was time to give wings to a life-long dream: start an airline. It didn’t matter that the country was in the midst of a lockdown, the aviation business was among the worst affected and airline owners and investors were wishing they had bet their money somewhere else. Dube seemed to care less. Now, two years down the line, India’s newest airline Akasa Air took off from Mumbai airport on its maiden flight to Ahmedabad on 7 August. In doing so, the airline’s 55-year-old founder CEO proved naysayers—who had wondered if someone who had spent years abroad with American Airlines and Delta Air Lines could navigate the highly regulated Indian aviation industry—wrong. It helped that in …
More in Business
Business
Adani and Ambani’s media bets sink deeper into the red
NDTV and Network18 are now firmly loss-making—and show little urgency to fix the fundamentals.
You may also like
Chaos
Iran war: New attacks engulf the UAE, as the conflict drags on
Dubai International Airport and Fujairah port were once again disrupted on Monday. Separately, there is a new warning that this conflict could result in the region’s worst crises in decades.
Business
Rahul Bhatia is IndiGo’s good, and bad, news
Investors have backed the founder’s move to ease out the airline’s CEO and take charge in the interim. But they should be worried about the airline’s dependence on him.
Chaos
The Gulf Report: Aramco’s war warning and the chaos in Bahrain
The oil giant’s chief says the ongoing Mideast conflict and the consequent Strait of Hormuz disruption could have catastrophic consequences; a look at the conflict’s effect in Bahrain.








