Akasa Air will not wind up, says CEO

Wednesday 27th September 2023 06:15 EDT
 

Amid headwinds, Akasa Air said it is a well-run airline with strong finances, a day after telling the Delhi High Court that it is in a "state of crisis" as abrupt resignations of more than 40 pilots have led to multiple flight cancellations.

"I urge you not to be alarmed or distracted by media headlines, especially those that are speculative and claim that the airline will shut down. We are never more confident about our future and continue to invest prudently, with longer-term financial success in focus," Akasa Air founder and CEO Vinay Dube told the staff.

Amid the fledgling airline moving high courts in Delhi and Mumbai in relation to the issue of resignation of pilots without serving their notice periods, Dube also asserted that shortage of pilots is an issue that the airline industry has faced for decades and said that it has a ten-year plan that covers pilot recruitment, training and career upgrades.

Earlier, the airline told the Delhi High Court that it is in a "state of crisis" following the "sudden and abrupt" resignation of over 40 pilots who left the airline without serving the mandatory notice period.


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