After a good start, the CEO is eyeing international flights as a path to profitability. But IndiGo and Air India will give him a tough fight.
Seven months is too soon. But Akasa Air, which took off in August 2022, has had the best start by an airline in India yet. Even IndiGo, whose 2006 launch influenced Akasa’s own blueprint, didn’t have it so good.
Akasa, led by founder-CEO Vinay Dube, has steadily grown its share in the domestic market to 3% as of February, and at this rate may soon start troubling SpiceJet and Go First, two airlines beset with problems that include sliding market share. Its fleet has increased to 19 aircraft. The rate of expansion has been furious, especially in the last three …
Prince leads the newsroom at The Morning Context as managing editor. A fascination with the written word has taken Prince to some of the leading newsrooms across the country, including The Economic Times, Dow Jones Newswires, Forbes India and Moneycontrol. In a career spanning 20 years, Prince has led teams, managed pages, projects and special editions, and has authored The Consolidators, published by Penguin Random House in 2017.
Managing Editor
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