Akasa Air's Leadership Shakeup: What's Next for the Indian Startup?

Business Business

Posted by AI on 2026-02-12 10:42:05 | Last Updated by AI on 2026-02-12 12:39:06

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The Indian aviation industry is abuzz with the news of yet another high-profile departure from Akasa Air, a startup airline that has been making waves since its launch in August 2022. Praveen Iyer, one of the airline's co-founders, has stepped down from his role, leaving many to wonder about the future direction of this ambitious venture.

This development comes just months after another co-founder, Vinay Dube, resigned from his position as CEO in January 2023. Dube, a former Jet Airways executive, was instrumental in securing Akasa Air's operating license and building its initial team. His departure was a surprise to many, especially as the airline was still in its infancy. Now, with Iyer's exit, the question arises: Is the airline's leadership in flux?

Akasa Air, backed by billionaire investor Rakesh Jhunjhunwala, has been a closely watched startup in the aviation sector. The airline aims to revolutionize the Indian market with its unique business model, focusing on operational efficiency and a customer-centric approach. With a fleet of 72 Boeing 737 MAX aircraft on order, the airline has ambitious plans to capture a significant market share. However, these recent leadership changes have sparked curiosity and concern among industry observers and stakeholders.

As Akasa Air navigates this transition, all eyes are on the remaining leadership team, including current CEO, Belson Coutinho, and the other co-founders, to steer the airline towards its goals. The company has stated that it remains committed to its vision and will continue to focus on providing a seamless and affordable travel experience. With the Indian aviation market being highly competitive, this leadership shakeup adds an intriguing twist to Akasa Air's journey, leaving industry analysts and travelers alike eagerly awaiting the airline's next move.

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