GulfHindi English Desk: Indian aviation industry has a new player as Akasa Airlines has made a rapid rise in a short span of time. The company’s flights have quickly established their reputation in the market. Within just 11 months, Akasa has surpassed SpiceJet in the domestic market share. In June 2023, Akasa served 620,000 passengers, while SpiceJet only served 550,000. As a result, Akasa’s market share has reached 4.9%, while SpiceJet’s remains at 4.4%.
Akasa is now planning to expand its international flights. The company’s CEO, Vinay Dube, has announced plans to add nearly 800 new employees by the end of this year. He also revealed the company’s plans to expand its network in countries like Sri Lanka, Nepal, and Bangladesh, in addition to the Middle East, Southeast Asia, and South Asia.
Akasa is also making efforts to increase its fleet of aircraft. Currently, the company has 19 aircraft, and it aims to add its 20th aircraft by the end of this month. The CEO stated that they have enough financial capacity to order aircraft in the three-digit range by the end of this year.
In summary, Akasa Airlines has quickly gained a strong foothold in the Indian aviation industry, surpassing SpiceJet in domestic market share. The company is now planning to expand its international operations and increase its fleet size.
en.gulfhindi.com News Summary
👉Akasa Airlines has made a significant impact in the Indian aviation industry.
👉The company has quickly established its reputation in the market.
👉Akasa has surpassed SpiceJet in domestic market share.
👉In June 2023, Akasa served 6.2 lakh passengers compared to SpiceJet’s 5.5 lakh passengers.
👉This resulted in Akasa capturing a market share of 4.9% while SpiceJet remained at 4.4%.
👉Akasa is now planning to expand its international flight operations.
👉The CEO of the company, Vinay Dube, has announced plans to hire 800 new employees by the end of the year.
👉The company also plans to expand its network in countries like Sri Lanka, Nepal, and Bangladesh.
👉Akasa is also increasing its fleet size by adding a 20th aircraft by the end of the month.
👉The company has sufficient financial capacity to order more aircraft by the end of the year.
👉Akasa Airlines was established in 2022.
👉The company has a domestic market share of 4.9%.
👉In June 2023, the airline served 6.2 lakh passengers.
👉The current fleet size is 19 aircraft.
👉The plan is to add a 20th aircraft soon.
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