People · Mobility & Logistics
Akasa Air co-founder Praveen Iyer resigns as chief commercial officer
By Startup Enthusiast ·
- Date
- Company
- Akasa Air
- What it does
- Low-cost commercial airline operator
- Kind
- People
- Based in
- Mumbai
- Founded
- 2022
- Sector
- Mobility & Logistics
What they do
Akasa Air operates a commercial airline connecting domestic and international destinations with a growing fleet of aircraft
What happened
Co-founder and Chief Commercial Officer Praveen Iyer has resigned from the airline and will step down in April
Why it matters
Co-founder and Chief Information Officer Anand Srinivasan will take over the chief commercial officer role starting in May
The details
- Akasa Air co-founder and Chief Commercial Officer Praveen Iyer has submitted his resignation from the airline.
- He will remain with the company to ensure a smooth transition through April 30, 2026.
- This departure marks the second high-profile exit of a co-founder in less than three years of operations.
- Co-founder and Chief Information Officer Anand Srinivasan will assume the role of Chief Commercial Officer effective May 1.
- The airline's IT function will temporarily report to Chief Financial Officer Ankur Goel while a search for a new chief information officer is underway.
The bigger picture
- The exit follows a series of senior management departures over the preceding months, including co-founder Neelu Khatri.
- The leadership reshuffle occurs as the airline scales up operations and expands its fleet following recent aircraft deliveries.
What happens next
- The airline has initiated an executive search for a new chief information officer.
The deal
- Type
- people
Founders
- Vinay Dube, Founder and Chief Executive Officer
- Praveen Iyer, Co-founder and Chief Commercial Officer
- Anand Srinivasan, Co-founder and Chief Information Officer
About Akasa Air
- Customers
- Travellers booking domestic and regional flights
- How it makes money
- Sells passenger air tickets and related travel services
- What sets it apart
- Emphasis on customer experience, safety, reliability, and newer aircraft
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