Akasa Air To Start Flights From Hyderabad To Bengaluru, Goa From Wednesday
Akasa Air on Tuesday announced it will operate daily flights between Hyderabad and Bengaluru and between Hyderabad and Goa starting from January 25.
Two additional Hyderabad-Bengaluru frequencies will be added starting February 15, the airline said.
Akasa Air Co-Founder and Chief Commercial Officer Praveen Iyer said, "Commencing operations from Hyderabad, our 13th destination with daily flights to Goa and Bengaluru further strengthens our presence in southern India."
Akasa Air Co-Founder and Chief Marketing and Experience Officer, Belson Coutinho said, "We are happy to bring the Akasa experience to Hyderabad. As we connect cities, people, and cultures, we look forward to creating and delivering memorable travel experiences to our valued customers."
Akasa Air, founded by late stock market investor Rakesh Jhunjhunwala along with aviation industry veteran Vinay Dube, launched its operations in August 2022.
With the commencement of the Hyderabad flights, the airline will cross the milestone of over 575 weekly flights on a total of 21 announced routes across 14 cities, they said.
The airline will continue to grow its network to establish a strong pan-India presence focusing on metro to tier 2 and 3 route connectivity, supported by a fleet expansion plan that adds a new aircraft every 15 days, they said.
Akasa Air's fleet size which is now 14, will be 18 aircraft by the end of March 2023 and over the next four years, the airline will add 54 additional aircraft, taking its total fleet size to 72 aircraft, they added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
BoE Loosens Capital Rules
The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more
Monzo Looks For US Banking License
Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more
Crypto Firms Push Into US Banking
America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more
Parallel Banking: Stablecoins Are Now Global
Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more