₹21.6 crore in compensation. In addition, it has approached the DGCA and agreed with them to request the High Court of Delhi to pass orders for implementing the interim order in relation to mandatory contract notice period requirements by pilots.
“Process and discipline is essential to this ecosystem that needs trained, experienced personnel to ensure safety and longevity of the entire operations. A shortage of pilots is an issue that the airline industry has faced for decade," the spokesperson added.
Industry insiders say that the shutdown of an airline has more to do with structural issues related to the working style of a company rather than issues related to unavailability of some pilots. “Unless over 50% of pilot strength of an airline suddenly exits from an airline, these issues are often cyclical and tends to happen whenever there is aggressive competition in the industry," a senior executive said.
"In its current form, Akasa Air presents potential with the backing of Rare Enterprises, a company owned by the Jhunjhunwala family and led by industry veterans like Vinay Dube and Aditya Ghosh. I think this legal move by Akasa has more to do with setting things straight to ensure that such situations are not repeated in the future as it moves forward in a market where Air India and IndiGo both will need a lot of pilots for nearly 1,800 aircraft that they have on order," another executive added.
. Read more on livemint.com