‘Not shutting down, ready to give up market share’: Akasa Air

NEW DELHI: Akasa Air chief executive officer Vinay Dube has told employees of the airline that they are not shutting down following the sudden resignation of 43 pilots, which has forced it to cancel about 24 flights every day.

Dubey, however, said they are ready to give up market share in the short term as they are here for the long run. Akasa’s share in domestic air traffic fell from 5.2% in July to 4.2% in August 2023, according to official data.