Vinay dube

Vinay Dube, founder and CEO of soon-to-be-launched Indian low-cost carrier — Dube, who began his career with American Airlines and later on went to work for Delta, contemplated starting an airline in the midst of the Covid pandemic, at a time when capacity deployment for most carriers in India was down 67 percent. Two years later, with just a few weeks left for the first Akasa flight to take off, Dube is glad that he didn’t pay heed to naysayers. Akasa’s launch is planned for the end of July. The airline will be conducting its proving flights in the first week of July to obtain the “I’d like to credit the India that we’re living in for allowing a professional like me to not just dream about starting a highly capital-intensive and highly regulated business, but hopefully, in a couple of weeks, launch it and get going,” Dube said while talking to Skift. In a country of 1.3 billion where only two to three percent of the population travels by air, there are indeed opportunities galore for airlines keen to tap into the market. A significant percentage of the Indian population hasn’t yet explored air travel and to encourage that lot we want to have a competitive cost structure, said Dube. “Part of the reason we exist as Akasa is to continue to democratize air travel in India, to take forward that, which airlines before us had helped establish. The growth of an economy needs to be backed by strong and stable transportation links.” Vinay Dube, CEO and co-founder of Akasa Air. Wher...

"We are incredibly thankful to our investors. Our focus is on launching a good airline with happy customers and happy employees. We have spent the last two years working on cost structure and now our focus lies on customers and employees," Dube said. The airline had recently launched the cabin crew uniform which also showed the cabin crew wearing sneakers in place of heels. The team behind Akasa also includes Aditya Ghosh who is the co-founder of the airline and is no stranger to the aviation world. He spent 10 years at IndiGo as the president and whole-time director. Ghosh added that they aim to have employee-friendly policies and want Akasa to be a listening organisation that acts on employees' feedback. "During my time at IndiGo, the pilot attrition rate was 0.3 percent annualised...Our aircraft utilisation was among the highest...It is not a coincidence that good organisations far outstrip industry performance. There is a direct co-relation between happy employees and a great business. You need to respect each and every colleague around you. In the aviation business, everyone is equal and everyone just has a different role to play...Leaders have to walk in the shoes of employees," Ghosh added. "My mentor and CEO at Delta airlines said many times hope is not a strategy. For us, we have chosen the world's most fuel-efficient plane. We also have the youngest fleet Hoping for lower fuel but have planned for higher fuel as well. My first spreadsheet in August 2020 had fuel ...

Indian startup airline Dube is not ready to share all the details of what is the service levels that the airline plans, but he is very bullish on the India growth story. He indicated to AirInsight that the airline already had over 250 people on board and that they are all building an airline for the long term. He also shared that the second aircraft will be on its way within a month and that the airline will have at least two 737-8 aircraft to launch service with. From there, every month between August to March 2023, Akasa expects to have two MAX 8 jets delivered, making it a total of 18 aircraft in their fleet by March. All of these aircraft will have 189 seats. Over the subsequent four years, Akasa will have the rest of their 54 aircraft delivered, taking them up to 72 aircraft by March 2027. The aircraft that join after March 2023 will be the high-density MAX 8-200. Akasa Air founder and CEO, Vinay Dube. (Ajay Awtaney) The airline aspirant will now use their first aircraft to invite the DGCA, India’s aviation regulator, to route proving flights. Akasa would have to fly about ten hours over various days per a schedule set by the aviation regulator and demonstrate their capabilities to respond to multiple scenarios set out by the regulator on board. This is a precondition to receiving their Air Operators Permit, which is the name given to the license to operate a scheduled airline in India. Akasa expects to receive their Air Operators Permit in the next couple of weeks, s...

"A lot of ground work has been done and the team is looking for investors to raise funds," a source was quoted as saying. The venture has also applied for getting a 'no objection certificate' from the Civil Aviation Ministry. The venture plans to start operations with five aircraft before the end of 2021.

Vinay Dube is senior vice president – Asia Pacific for Delta Air Lines. Vinay has overall responsibility for Delta within the Asia-Pacific region. Since 2010 Delta has profitably expanded its Asia-Pacific business by more than 60 percent, entering new markets in Japan, China, Hong Kong and Korea. Under Vinay’s leadership Delta has diversified its network and customer base and has grown into one of the largest premium airlines across the Pacific. Most recently Vinay served as vice president – Alliances and Industry Affairs with overall responsibility for Delta’s participation in SkyTeam and Delta’s partner and industry relationships. In 2009 Vinay played a pivotal role in establishing Delta’s industry leading joint venture with Air France, KLM and Alitalia, a $10 billion enterprise and the first of its kind across the Atlantic. Prior to that, Vinay served as vice president and chief information officer – Delta and CEO – Delta Technology. In this role, Vinay and his team helped architect the technology footprint for Delta’s acquisition of Northwest Airlines, leading to one of the most successful mergers in aviation history. Vinay began his career with American Airlines as an Operations Research analyst and soon progressed to manager of Network Forecasting Systems. He then moved to Sabre Inc., a global leader in technology solutions and marketing services for the travel industry. At Sabre, Vinay held various leadership positions including vice president of Product Management,...

"We at Akasa Air continue to mourn the passing of Jhunjhunwala. For those of us at Akasa that got to know him and whose lives he has touched, this is a deep personal loss... anyone that saw him on our inaugural flight on August 7th knows how proud he was of each Akasa employee and partner. On our part, we couldn't be prouder and more fortunate to have known him," Dube said. YOU MAY ALSO LIKE • NCLT approves appointment of Shailendra Ajmera as Resolution Professional of Go First • IndiGo Bengaluru-Ahmedabad flight suffers tail strike while landing • SBI, LIC, two other sponsors to dilute stake in UTI Mutual Fund • Market benchmarks halt 3-day rally; banking, financial stocks weigh • India's exports fall 10.3% to $34.98 billion in May, headwinds to continue on global trade front Centre's need to review UCC indicates its desperation to fan divisive politics • Bengal panchayat polls: Violence rocks Bhangar, ISF worker shot dead, another hurt • Congress govt in Karnataka decides to repeal anti-conversion law brought in by BJP regime • India approves procurement of US made armed MQ-9B SeaGuardian drones ahead of PM's visit • Imphal: Security forces clash with mob, houses set ablaze in fresh round of violence • IndiGo Bengaluru-Ahmedabad flight suffers tail strike while landing • Pro-Khalistani activist and Amritpal Singh's close aide Avtar Singh dies in UK hospital • Shahabad protest: Court in Haryana's Kurukshetra grants bail to nine farmer leaders • Asia Cup to be held in hybr...

Erstwhile Jet Airways CEO, Vinay Dube and Senior Executive Praveen Iyer are planning to launch a new low-cost-carrier. Multiple sources said that Dube and Iyer have decided to explore the possibility of launching a new low-cost-carrier in India. Sources close to the development said that the conversations were “premature but, firm.” “The duo have started working on a roadmap for the airline, they plan to launch the airline before the end of next fiscal,” said one of the people. Dube was the CEO of Jet Airways before it was grounded in April 2019, and at the same time, Iyer was a Senior Executive. Post their stint at the debt-strapped airline, both were hired in the top management as CEO and CCO respectively in GoAir. However, both quit in less than a year. Dube and Iyer declined to comment when contacted by BusinessLine. Huge potential According to sources, Dube, who has also worked with GoAir, sees a huge potential in the LCC sector in India. “If one was to start applying for licenses now, and have conversations with lessors at the moment, there is a high possibility that by the end of FY22, the airline would be in the sky.” While much of the global industry remains on its knees, due to the Covid-19 pandemic, it has still not put off start-ups to launch their airlines. Several airlines across the globe launched their maiden flights to multiple destinations. According to data from global aviation tracking sites, at least 15 airlines were launched towards the end of 2020. A...