India's Akasa Air says co-founder Iyer leaving airline

Reuters

02/11

UPDATE 1-India's Akasa Air says co-founder Iyer leaving airline

Adds more details, background paragraph 3 onwards

NEW DELHI, Feb 11 (Reuters) - Indian airline Akasa Air said on Wednesday its co-founder and chief commercial officer, Praveen Iyer, will be leaving in April, at a time when the firm is navigating delayed Boeing BA.N jet deliveries.

Iyer will be succeeded by Anand Srinivasan, another co-founder and the chief information officer, Akasa said, without offering more details.

It marks the second high-profile departure at the airline in recent months, following the exit of Neelu Khatri , another co-founder, last year.

Akasa Air started commercial operations in 2022 in the intensely competitive domestic airlines market, dominated by market leader IndiGo INGL.NS and Tata Group-backed Air India.

(Reporting by Abhijith Ganaparavam in New Delhi and Hritam Mukherjee in Bengaluru; Editing by Christian Schmollinger and Harikrishnan Nair)

((mailto: hritam.mukherjee@thomsonreuters.com; @MukherjeeHritam;))

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NEW DELHI, Feb 11  - Indian airline Akasa Air said on Wednesday its co-founder and chief commercial officer, Praveen Iyer, will be leaving in April, at a time when the firm is navigating delayed Boeing BA.N jet deliveries. Iyer will be succeeded by Anand Srinivasan, another co-founder and the chief information officer, Akasa said, without offering more details.It marks the second high-profile departure at the airline in recent months, following the exit of. Akasa Air started commercial operations in 2022 in the intensely competitive domestic airlines market, dominated by market leader IndiGo INGL.NS and Tata Group-backed Air India. 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Iyer will be succeeded by Anand Srinivasan, another co-founder and the chief information officer, Akasa said, without offering more details.\n It marks the second high-profile departure at the airline in recent months, following the exit of \nNeelu Khatri\n, another co-founder, last year. \n\n     Akasa Air started commercial operations in 2022 in the intensely competitive domestic airlines market, dominated by market leader IndiGo INGL.NS and Tata Group-backed Air India. (Reporting by Abhijith Ganaparavam in New Delhi and Hritam Mukherjee in Bengaluru; Editing by Christian Schmollinger and Harikrishnan Nair)((mailto: hritam.mukherjee@thomsonreuters.com; @MukherjeeHritam;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}