/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The past two months have seen the founder and chief executive of the low-cost airline battle intense regulatory scrutiny and suspension of senior executives. While a smart management move has brought some peace, the airline’s troubles are far from over.
Vinay Dube can’t seem to rest easy. Last week, India’s aviation watchdog reportedly turned down Akasa Air’s recommendation for an interim director of training. “The interview [of the candidate by the DGCA] went south very quickly,” says an executive from the industry, who asked not to be named.
At first glance, the development may look unremarkable. But it is a crucial one for Dube, the founder and chief executive of Akasa. The airline has been in urgent need of an interim director of training, along with a chief of flights operations. The incumbents, Neeraj Bhatia and Floyd Gracious, respectively, were …
As the low-cost carrier pushes through a compensation overhaul, the absence of a CEO is complicating a delicate moment.
The two new chief executives at Air India and IndiGo come with contrasting reputations but face the same challenge—do their predecessors one better.
A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.
