News

Paytm Travel Carnival offers exciting discounts on flights, buses, trains One97 Communications Limited (OCL), that owns India's leading payments and financial services company Paytm, on Wednesday announced 'Paytm Travel Carnival' from May 1-5. With this sale, users will be able to book flight, train and bus tickets for the summer holiday season through Paytm app and get attractive discounts, said the company. The carnival will see participation from major airlines -- IndiGo, SpiceJet, GoFirst, Vistara, Akasa Air, AirAsia, and Air India. The com...
Paytm Travel Carnival offers exciting discounts on flights, buses, trains
Paytm Travel Carnival offers exciting discounts on flights, buses, trains
Source: IANS
3/05/2023 3:17:52 PM
Direct flights from Lucknow to Goa, Ahmedabad Akasa Air has started direct flights from Lucknow to Goa and Ahmedabad. The number of average daily flights from Lucknow will go up to 128 flights per day, according to a spokesperson from Chaudhary Charan Singh International Airport (CCSIA). "With Akasa Air, we are pleased to add New Goa Manohar International Airport as the 24th domestic destination from Lucknow. With this we have three airlines connecting Lucknow with Goa, the other two airlines being Air Asia and IndiGo. Akasa A...
Direct flights from Lucknow to Goa, Ahmedabad
Direct flights from Lucknow to Goa, Ahmedabad
Source: IANS
27/03/2023 8:58:22 AM
Spreading Wings: Akasa Air plans to procure over 100 aircraft While Akasa Air has already placed a firm order for 72 Boeing 737 MAX airplanes, the low-cost airline has plans of placing an order for over 100 aircraft in the time to come. Akasa Air has completed six months of operation, and with the delivery of one aircraft every 15 days, the airline has reached a fleet size of 17 aircraft and has flown over one million passengers since its launch in August 2022. Akasa Air has been expanding its network across the country in a phased manner with a c...
Spreading Wings: Akasa Air plans to procure over 100 aircraft
Spreading Wings: Akasa Air plans to procure over 100 aircraft
Source: IANS
2/03/2023 9:09:31 AM
Key Stock Ideas: Nestle India, Tata Steel, Akasa Air, Ather Energy - ARETE Securities Nestle India Q4 profit up 65.5% at Rs 628 cr, credits 'robust demand‘: Nestle India said on Thursday its net profit in the fourth quarter increased 65.5 per cent to Rs 628.06 crore, crediting the performance to urban and rural sales. Revenue for the company, which follows a January-December financial year, was up 13.6 per cent at Rs 4256.7 crore. Domestic sales of the maker of Maggi noodles and KitKat chocolates were up 13.9 per cent at Rs 4061.8 crore in the quarter. Export sal...
Key Stock Ideas: Nestle India, Tata Steel, Akasa Air, Ather Energy - ARETE Securities
Key Stock Ideas: Nestle India, Tata Steel, Akasa Air, Ather Energy - ARETE Securities
Source: ARETE Securities Ltd
17/02/2023 9:51:58 AM
Airbus to win 235 single-aisle jet order under Air India relaunch DELHI/PARIS -European planemaker Airbus is set to win an order for 235 single-aisle planes as part of a historic purchase of some 495 jets due to be announced by a resurgent Air India on Jan. 27, industry sources told Reuters. The deal, roughly split with rival Boeing, covers a total of 425 single-aisle jets including 235 Airbus A320neo-family planes as well as 190 Boeing 737 MAX airliners reported by Reuters last month, the sources said, asking not to be named. The order is also e...
Airbus to win 235 single-aisle jet order under Air India relaunch
Airbus to win 235 single-aisle jet order under Air India relaunch
Source: Reuters
21/01/2023 10:25:37 AM
Akasa Air Begins Service In Uttar Pradesh Today Akasa Air is commencing its air service from Lucknow on Sunday. It is scheduled to start two flights from Lucknow -- one to Bengaluru and the other to Mumbai. Airline officials met UP Chief Minister Yogi Adityanath and handed him the first symbolic boarding pass. The chief minister said, "UP is benefitting massively from the Udaan scheme started by Prime Minister Narendra Modi. He has allowed people from even the lowest rungs of society to dream of travelling by air. The improvi...
Akasa Air Begins Service In Uttar Pradesh Today
Akasa Air Begins Service In Uttar Pradesh Today
Source: IANS
25/12/2022 9:30:56 AM
Akasa Air operates its maiden flight from Pune Akasa Air on Saturday inaugurated its first flight on the Pune-Bengaluru route. Pune is the ninth destination in Akasa Air's network and its second city in the state of Maharashtra after Mumbai. The airline is offering double daily flights on the Bengaluru-Pune route starting Saturday with additional daily flightsAlinking the two IT hubs, starting fromADecember 10, 2022. Earlier in November, Akasa Air announced the addition of Visakhapatnam as the tenth destination on its network...
Akasa Air operates its maiden flight from Pune
Akasa Air operates its maiden flight from Pune
Source: IANS
26/11/2022 1:50:19 PM
Domestic air traffic continues growth, October traffic records 26.95% rise Domestic aviation traffic in the country continues to record growth as passengers carried by domestic airlines during January-October 2022 were 9.88 crore as against 6.20 crore during the corresponding period of previous year, thereby registering annual growth of 59.16 per cent and monthly growth of 26.95 per cent. As per the data released by aviation regulator DGCA on Tuesday, nearly 1.14 crore passengers were carried by the domestic airlines during October in the country as against 89.85...
Domestic air traffic continues growth, October traffic records 26.95% rise
Domestic air traffic continues growth, October traffic records 26.95% rise
Source: IANS
23/11/2022 9:09:08 AM
Akasa Air announces Pune as its 9th destination  Akasa Air, India's newest airline, on Wednesday announced the addition of Pune to its network with direct connectivity from Bengaluru starting November 23. Pune is the ninth destination in Akasa Air's network and its second city in Maharashtra after Mumbai. The newly commencing double daily flights on the Bengaluru-Pune route will start with its first frequency on November 23, and the second frequency will be added from November 26 onwards. Witnessing the growing demand, t...
Akasa Air announces Pune as its 9th destination
Akasa Air announces Pune as its 9th destination
Source: IANS
2/11/2022 3:22:02 PM
Akasa Air launches Agartala-Bengaluru flight Akasa Air, India's newest airline, on Friday launched its daily flight services in the Agartala-Bengaluru route, via Guwahati. A total of 107 passengers boarded the maiden flight, which was flagged-off by Tripura Chief Minister Manik Saha at a simple ceremony at Agartala's Maharaja Bir Bikram airport. Tripura Transport Minister Pranajit Singha Roy, MBB Airport Director K. C. Meena among others were present in the ceremony. According to Akasa Air co-founder Belson Coutinho, th...
Akasa Air launches Agartala-Bengaluru flight
Akasa Air launches Agartala-Bengaluru flight
Source: IANS
22/10/2022 10:27:52 AM
Domestic air traffic registers annual growth of 64.61% Domestic air traffic registered an annual growth of 64.61 per cent and monthly growth of 46.54 per cent as passengers travelling within the country from January to September increased to 8.74 crore as against 5.31 crore recorded in the corresponding period of 2021, according to the latest data released by the DGCA. As per the data, nearly 1.03 crore passengers were carried by the domestic airlines in September as against 70.66 lakh during the same period last year. The passenger load fa...
Domestic air traffic registers annual growth of 64.61%
Domestic air traffic registers annual growth of 64.61%
Source: IANS
19/10/2022 2:19:47 PM
Key Stock News: Mahindra and Mahindra, Vedanta, Akasa Air,HCL Tech, Titan - ARETE Securities Key News Mahindra arm forms JV with Actis; to invest Rs 2,200 cr in industrial units Realty firm Mahindra Lifespace Developers Ltd on Thursday announced a joint venture with Actis to develop industrial and logistics facilities with an initial investment of Rs 2,200 crore. Actis is a global investment firm. In a regulatory filing, Mahindra Lifespace informed that the company has executed definitive documents to establish joint ventures with Actis for developing industrial and logis...
Key Stock News: Mahindra and Mahindra, Vedanta, Akasa Air,HCL Tech, Titan - ARETE Securities
Key Stock News: Mahindra and Mahindra, Vedanta, Akasa Air,HCL Tech, Titan - ARETE Securities
Source: ARETE Securities Ltd
7/10/2022 10:52:56 AM
Akasa Air launches maiden flights from Delhi, announces pet-friendly service After the completion of two months of its operations, Akasa Air is set to establish Delhi as the sixth destination on its network and inaugurate its first flight on the Delhi-Bengaluru and Delhi-Ahmedabad routes on October 7. The airline also announced Pets-on-Board, a pet-friendly service in line with its commitment to create an inclusive travel experience. Both the new routes will be served with daily flights in each direction. The airline has announced eight destinations so far, incl...
Akasa Air launches maiden flights from Delhi, announces pet-friendly service
Akasa Air launches maiden flights from Delhi, announces pet-friendly service
Source: IANS
6/10/2022 3:45:21 PM
Akasa Air uses AI-powered product to make travel affordable Akasa Air, India's newest airline, has selected an Artificial Intelligence (AI)-powered product to make air travel affordable by leveraging accurate and real-time airfare data. AirGain by RateGain allows access and agility to act upon changing market dynamics and optimize air fares in real time to provide the best prices to its customers. The AI-powered platform empowers airline revenue and pricing teams with the most accurate and reliable market insights to build a competitive pric...
Akasa Air uses AI-powered product to make travel affordable
Akasa Air uses AI-powered product to make travel affordable
Source: IANS
30/09/2022 10:37:51 AM
Key Stock News: Blackstone, HCL Technologies, Dish TV, Akasa Air, Vodafone Idea, Hindustan Construction - ARETE Securities Key News Blackstone to sell Rs 2,650 crore worth of units of Embassy REIT today Blackstone Inc is slated to sell 7.7 crore units of Embassy REIT worth Rs 2,650 crore through block deals today, CNBC Awaaz reported citing sources. The offer price of the block deal stands at Rs 345 per unit, 1.82 percent lower against today's closing price of Rs 351.40 on the BSE. IIFL, BofA, and Morgan Stanley, as per report, are brokers to the deal. Abu Dhabi's sovereign wealth fund, one of th...
Key Stock News: Blackstone, HCL Technologies, Dish TV, Akasa Air, Vodafone Idea, Hindustan Construction - ARETE Securities
Key Stock News: Blackstone, HCL Technologies, Dish TV, Akasa Air, Vodafone Idea, Hindustan Construction - ARETE Securities
Source: ARETE Securities Ltd
27/09/2022 10:18:09 AM
Akasa Air adds Agartala and Guwahati to its network Akasa Air, India's newest airline, announced its foray into the eastern cities of India, taking the tally of its destinations to eight cities with the addition of Guwahati as the seventh and Agartala as its eighth destination. These new flights will provide seamless one stop connectivity between Bengaluru and Agartala with no change of aircraft required at Guwahati. To further enhance connectivity on existing sectors, the airline has also announced additional daily flights on the Benga...
Akasa Air adds Agartala and Guwahati to its network
Akasa Air adds Agartala and Guwahati to its network
Source: IANS
27/09/2022 9:21:47 AM
Akasa Air operates its maiden flight from Chennai India's new airline Akasa Air on Saturday inaugurated its first flight from Chennai, the fifth city in its network, enabling the airline to offer twice-daily flights in each direction on the Chennai-Bengaluru route. Further expanding its operations from Chennai, the airline will start one additional daily flight from September 15 on the Chennai-Mumbai route and will add an additional daily flight on the Chennai-Bengaluru route from September 26. In addition, strengthening its pan-In...
Akasa Air operates its maiden flight from Chennai
Akasa Air operates its maiden flight from Chennai
Source: IANS
10/09/2022 5:28:37 PM
Big Bull Rakesh Jhunjhunwala left a will, set to bequeath Rs 50,000 cr fortune to wife and children The bull has sadly left the sand pit before his time, very much at the peak of his prowess. Putting an end to all speculation, legal fraternity sources have revealed that top stockbroker and Big Bull Rakesh Jhunjhunwala has left a will which will provide direction and intent on his heirs and the handling of his colossal fortune hereafter. Jhunjhunwala, whose fortune is believed to be worth approximately Rs 50,000 crore, had arranged to ensure his estate, including shares and property, is b...
Big Bull Rakesh Jhunjhunwala left a will, set to bequeath Rs 50,000 cr fortune to wife and children
Big Bull Rakesh Jhunjhunwala left a will, set to bequeath Rs 50,000 cr fortune to wife and children
Source: IANS
25/08/2022 9:50:49 AM
Akasa Air operates its maiden flights on Bengaluru-Mumbai route After successfully taking off on the Mumbai-Ahmedabad and Bengaluru-Kochi routes, Akasa Air, India's newest airline, on Friday inaugurated its first service on the Bengaluru-Mumbai route, enabling it to offer twice-daily flights in each direction. Further expanding its operations on the Bengaluru-Mumbai route, the airline will commence one additional daily flight from August 30, and another from September 19. In addition, strengthening its pan-India network connectivity, the airline...
Akasa Air operates its maiden flights on Bengaluru-Mumbai route
Akasa Air operates its maiden flights on Bengaluru-Mumbai route
Source: IANS
20/08/2022 10:08:11 AM
Akasa Air's financial muscle: Can induct 72 aircraft over next 5 yrs Chennai, Aug 17  India's new private airline Akasa Air founded by late broker-investor Rakesh Jhunjhunwala on Wednesday said that it has financial means to induct 72 aircraft over the next five years. The company added that it has received its third aircraft in Delhi which will be put into operation on the Mumbai-Bengaluru sector shortly. "We will continue to grow our fleet by adding one new aircraft every two weeks," Vinay Dube, Founder and CEO said in a stateme...
Akasa Air's financial muscle: Can induct 72 aircraft over next 5 yrs
Akasa Air's financial muscle: Can induct 72 aircraft over next 5 yrs
Source: IANS
17/08/2022 6:33:54 PM
India`s Akasa Air to add one aircraft every two weeks Akasa Air said on Wednesday it will keep adding one new aircraft every two weeks after India's newest budget carrier received its third aircraft which will be put into operation on the Mumbai-Bengaluru route shortly.
India`s Akasa Air to add one aircraft every two weeks
India`s Akasa Air to add one aircraft every two weeks
Source: Reuters
17/08/2022 2:55:12 PM
Few stocks in Jhunjhunwala portfolio still trading down The stocks in Rakesh Jhunjhunwala's portfolio which saw a downfall on Tuesday, has rebounded on Wednesday, but few stocks still trading in red. Stocks such as CRISIL trading 2.03 per cent down, Federal Bank was down 1.09 per cent, Karur Vyasa Bank was down 0.92 per cent, Escorts Kubota was down 0.39 per cent during the afternoon trade. However, the stocks which was sharply down on Tuesday, the first trading day after Jhunjhunwala's death, are trading up today. Stocks such as ...
Few stocks in Jhunjhunwala portfolio still trading down
Few stocks in Jhunjhunwala portfolio still trading down
Source: IANS
17/08/2022 2:15:16 PM
Aviation Minister Jyotiraditya Scindia, several airlines remember Rakesh Jhunjhunwala  Rakesh Jhunjhunwala, the ace investor, who remained passionately invested in India's growth story, will be remembered for giving India its new airline Akasa Air after more than a decade, said Aviation Minister Jyotiraditya Scindia. The civil aviation minister and many Indian airlines paid tributes to the veteran investor Jhunjhunwala, who passed away in Mumbai on Sunday following a cardiac arrest. Scindia on Sunday said, "Sh Rakesh Jhunjhunwala Ji was not only an astute busi...
Aviation Minister Jyotiraditya Scindia, several airlines remember Rakesh Jhunjhunwala
Aviation Minister Jyotiraditya Scindia, several airlines remember Rakesh Jhunjhunwala
Source: IANS
14/08/2022 4:01:16 PM
PM Narendra Modi, other cabinet members pay tribute to Rakesh Jhunjhunwala Prime Minister Narendra Modi and several other senior members of the Union cabinet expressed deep grief over the passing away of noted stock investor Rakesh Jhunjhunwala on Sunday. "Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world," PM Modi said in a tweet, sharing a photograph of himself with the investor. "He was also very passionate about India's progress. His passing away is ...
PM Narendra Modi, other cabinet members pay tribute to Rakesh Jhunjhunwala
PM Narendra Modi, other cabinet members pay tribute to Rakesh Jhunjhunwala
Source: IANS
14/08/2022 9:40:48 AM
India`s newest budget carrier Akasa begins commercial operations  India's newest budget carrier Akasa Air, which is backed by billionaire Rakesh Jhunjhunwala, began commercial operations on Sunday with a maiden flight from the financial capital of Mumbai to the city of Ahmedabad. Starting from Sunday, Akasa Air will operate weekly flights from Mumbai to Ahmedabad, a commercial hub in the neighbouring state of Gujarat, the company said in a statement. "We want to serve our country by creating strong transportation links which are the und...
India`s newest budget carrier Akasa begins commercial operations
India`s newest budget carrier Akasa begins commercial operations
Source: Reuters
8/08/2022 9:21:29 AM
Aviation Minister flags off Akasa maiden flight Civil Aviation Minister Jyotiraditya Scindia will on Sunday inaugurate Akasa Air's first commercial flight that will operate on the Mumbai-Ahmedabad route. Earlier, on July 22, India's newest airline Akasa Air on Friday opened ticket bookings for its first commercial flights with an initial network in Ahmedabad, Bengaluru, Mumbai, and Kochi. Initially, Akasa Air, whose airline code is QP, will launch its operations by offering 28 weekly flights between Mumbai and Ahmedabad start...
Aviation Minister flags off Akasa maiden flight
Aviation Minister flags off Akasa maiden flight
Source: IANS
7/08/2022 2:05:36 PM
India's newest budget carrier Akasa opens bookings, flights begin on Aug 7 India's newest budget carrier Akasa Air, which is backed by billionaire Rakesh Jhunjhunwala, has opened ticket sales for its first commercial flights starting Aug. 7, the airline said in a statement on Friday. Akasa's initial network will include a total of 56 weekly flights between the western cities of Mumbai and Ahmedabad and the southern cities of Bengaluru and Kochi on its new Boeing 737 MAX planes, it said. "Akasa Air's network strategy is focused on establishing ...
India's newest budget carrier Akasa opens bookings, flights begin on Aug 7
India's newest budget carrier Akasa opens bookings, flights begin on Aug 7
Source: IANS
22/07/2022 12:45:21 PM
With licence to fly, Akasa Air to start operations this month India's new airline, Akasa Air, on Thursday got its Air Operator Certificate (AOC) from the Directorate General of Civil Aviation (DGCA). "The grant of the AOC is the final step of a comprehensive and rigorous process laid down by the DGCA and marks the satisfactory completion of all regulatory and compliance requirements for the airline's operational readiness," Akasa Air said in a statement. The airline added that it is the first airline whose end-to-end AOC process ...
With licence to fly, Akasa Air to start operations this month
With licence to fly, Akasa Air to start operations this month
Source: IANS
8/07/2022 9:36:26 AM
Indian budget carrier Akasa Air gets final approval to begin flying India's newest budget carrier Akasa Air, which is backed by billionaire Rakesh Jhunjhunwala, has got a final approval from the country's aviation regulator to begin flying passengers, it said on Thursday. The airline plans to launch its first flight later this month, Akasa said in a statement, after receiving its air operator certificate (AOC) from the Directorate General of Civil Aviation (DGCA). "We now look forward to opening our flights for sale, leading to the start of...
Indian budget carrier Akasa Air gets final approval to begin flying
Indian budget carrier Akasa Air gets final approval to begin flying
Source: Reuters
8/07/2022 8:55:28 AM
Akasa Air takes delivery of first of its 72 aircraft from Boeing India's newest airline Akasa Air took delivery of its much anticipated first Boeing 737 MAX aircraft in Seattle, the airline said in a statement on Thursday. With a strong commitment to democratise the skies, the airlines' total order of 72 aircraft includes an initial delivery of 18 aircraft by March 2023, followed by delivery of the remaining 54 aircraft over the course of the next four years. The 737 MAX family delivers superior efficiency, flexibility and reliability while r...
Akasa Air takes delivery of first of its 72 aircraft from Boeing
Akasa Air takes delivery of first of its 72 aircraft from Boeing
Source: IANS
16/06/2022 12:58:08 PM