Akasa Air has had a turbulent last 90 days. The airline told the courts that it “may shut down” to its CEO talking about listing plans before the end of the decade. As it looks to put the worst behind ahead of the winter schedule beginning this Sunday, the Directorate General of Civil Aviation declared the granular data for the month of August, when the issue blew up.
From an August to remember for its launch to an August to forget for its cancellations and shrinking of market share, the full circle came in much earlier for Akasa Air. The impact on schedule was 16% when 10% of its pilots left.
Were pilots the only reason?