Akasa Air MD & CEO Vinay Dube on Growth Plans

The transcript discusses the challenges and strategies of launching a new airline amidst high oil prices. The focus is on providing reliable customer service, maintaining low costs, and achieving profitability. The airline plans to use fuel-efficient aircraft and is in the process of obtaining necessary permits. The growth potential of the Indian aviation market is highlighted, with a focus on building a strong domestic route network. The airline aims for profitability and customer satisfaction rather than market share.

What is the primary focus of the airline to stand out in a crowded market?

• Charging for checked baggage

• Expanding rapidly

• Providing reliable customer service and affordable fares

• Offering luxury services

How does the airline plan to address the challenge of high oil prices?

• By increasing ticket prices

• By using the world's most fuel-efficient aircraft

• By reducing the number of flights

• By partnering with oil companies

What is a key factor in managing costs for the airline?

• Frequent route changes

• Low leasing and maintenance costs

• High employee salaries

• Expensive marketing campaigns

What is the airline's stance on charging passengers for checked baggage?

• They will never charge for checked baggage

• They will decide based on industry trends and customer preferences

• They will charge immediately

• They will offer free baggage for all flights

What is the expected growth rate for the Indian aviation market according to the airline?

• Negative growth

• No growth

• Double-digit growth

• Single-digit growth

What is the airline's primary goal instead of market share?

• Profitability and customer service

• Market dominance

• Rapid expansion

• High employee turnover

Which cities are part of the airline's initial route network plan?

• Only international cities

• Metro cities to Tier 2 and Tier 3 cities

• Only Tier 3 cities

• Only metro cities