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

Reuters

Feb 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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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"}}}