Akasa Air CEO Vinay Dube has reassured employees that the airline is not closing down, despite reports of challenges arising from pilot resignations.
In an internal communication, Dube acknowledged that the airline had faced disruptions in its operations due to the abrupt departure of a small group of pilots. He urged employees not to be swayed by speculative media headlines suggesting that the airline was on the verge of shutting down.
While addressing the sudden departure of pilots, Dube stated that these resignations had caused operational disruptions between July and September, resulting in last-minute flight cancellations that inconvenienced passengers.
Dube also informed employees that legal action had been initiated against the pilots who left without serving their mandatory contractual notice period. Their actions were not only a breach of contract but also violated the country's civil aviation regulations.
To address the challenges posed by the departure of around 43 pilots, the airline chose to reduce its flight frequency temporarily and relinquish some market share to provide customers with a more reliable network. Dube emphasized that these constraints were only short-term.
Despite these challenges, Dube expressed confidence in the airline's operations, highlighting the company's prudent investment and strong financial profile. He assured employees that the initial investment made by investors, including Mr Jhunjhunwala, remained secure in the company's bank account.
Furthermore, Dube shared that Akasa Air had been designated as an International Scheduled Operator, allowing the airline to commence international operations by the end of the year.
In conclusion, Dube emphasized the airline's commitment to its long-term future and urged employees not to be swayed by rumours or negative speculation.
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