Can Akasa Air find better luck, more money?
Two years after its launch, the Vinay Dube-led airline is planning to reach out to institutional investors and family offices to shore up its cash reserves as slow aircraft delivery from Boeing derails growth.
7 August, 2024•13 min
0
7 August, 2024•13 min
0
More in Business
Business
SBI Funds Management’s run-up to an IPO is too messy, too expensive
Low profitability, lagging metrics and a lack of succession planning are expected to weigh heavily on the proposed stock market debut of India’s largest asset management company.
You may also like
Business
Why Air India’s next CEO shouldn’t be an expat
Campbell Wilson is on his way out. Now chairman N. Chandrasekaran has to look for a replacement. But is an expat CEO the best choice?
Business
How the IndiGo crisis went unnoticed in November
Despite enough warnings, no alarm bells were rung. The buck now stops with Rahul Bhatia, the promoter and managing director of India’s largest airline that is facing its biggest crisis ever.
Business
The 72 hours that saw IndiGo unravel
A crew crunch, new regulatory norms and simmering discontent push India’s biggest airline into its biggest crisis yet, one that could seriously dent its reputation for reliability.