In a significant development for India's aviation sector, Akasa Air has witnessed the resignation of another co-founder, Praveen Iyer, who also served as the airline's chief commercial officer (CCO). This marks the second high-profile departure from the airline's leadership team in recent months, following the exit of co-founder Neelu Khatri, who was responsible for international operations.
Leadership Transition Amid Fleet Expansion
The resignations come at a critical juncture for Akasa Air, as the airline is poised to receive new aircraft from Boeing after a prolonged delay. This influx is expected to enable significant scaling of its fleet throughout the year. Currently, the airline operates a fleet of 33 B737 MAX aircraft, having commenced operations in August 2022.
New Appointment and Smooth Handover
In response to Iyer's departure, Akasa Air has appointed its chief information officer to take over as the new head of commercial operations. The airline has emphasized a structured transition plan, with Iyer set to work closely with the leadership team to ensure a seamless handover until April 30, 2026.
In a statement, Praveen Iyer reflected on his tenure, saying, "Building Akasa Air has been a defining journey and a deeply fulfilling experience. It has been a privilege to be part of an exceptional team, and I am proud of the achievements we have made in such a short span of time. I am confident the airline is well-positioned for its next phase of growth and wish the leadership and employees continued success."
Akasa Air's Official Statement
Akasa Air issued an official statement acknowledging Iyer's decision, noting, "Co-founder and chief commercial officer Praveen Iyer has decided to move on to begin the next chapter of his life. Praveen will partner closely with the leadership team to ensure a smooth and structured transition through April 30, 2026."
The back-to-back exits of key co-founders raise questions about the internal dynamics at Akasa Air, even as the airline gears up for expansion. Industry observers are closely watching how these leadership changes will impact the airline's strategic direction and operational efficiency in the competitive Indian aviation market.
