Akasa Air has cut some flights, thereby ceding certain market share in the short-term, as it tries to provide stable operations amid the resignation of several pilots to rival carriers.
This was indicated by Vinay Dube, CEO, Akasa Air, in an internal email to its employees on Wednesday where he sought to reassure them that the low-cost carrier (LCC) was not shutting down.
It comes after the airline’s lawyers told Delhi High Court that it was facing a “state of crises” and may “shut down’’ after more than 40 pilots allegedly quit without serving their notice periods.