Akasa Air co-founder exiting Indian airline

Akasa Air has announced that the airline’s Co-Founder and Chief Commercial Officer Praveen Iyer will be leaving the company following a transition period through April 30, 2026. Akasa Air said Co-Founder and Chief Information Officer Anand Srinivasan will take on the role of Chief Commercial Officer. Praveen Iyer Vinay Dube, Founder and Chief Executive Officer, Akasa Air, said “Praveen has been instrumental in shaping not just Akasa’s commercial vision but the airline itself and translating that ambition into sustained growth. He has built a strong and resilient commercial organisation, nurtured future leaders, and established partnerships and frameworks that continue to support our network expansion and revenue strategy. We are grateful for his leadership, clarity of thought, and long-term perspective during the formative years of the airline. I am deeply grateful to Praveen for his counsel and invaluable contribution in building Akasa and I wish him and his family the very best. As an organisation, we are fortunate to have deep leadership talent and domain expertise. Anand has been one of the early architects of Akasa, with deep expertise in commercial and revenue algorithms, including building the revenue management platform that we use today. His ability to combine commercial strategy with a technology first mindset is extremely exciting as we enter our next phase of growth and complexity.” Srinivasan has over 25 years of experience in India and international markets across commercial and aviation technology. Speaking on his new role, Srinivasan said “Akasa has been built with a clear purpose, strong fundamentals, and an exceptional team. I look forward to building on the solid commercial foundation already in place, working closely with our teams and partners to deliver sustained growth, stronger customer value, and long term competitiveness as we scale. I am proud of the industry first tech solutions we have built since our inception, and I am excited for what lays ahead.” Iyer said “Building Akasa Air has been a defining journey and a deeply fulfilling experience. It has been a privilege to be part of an exceptional team, and I am proud of the achievements we have made in such a short span of time. I am confident the airline is well-positioned for its next phase of growth and wish the leadership and employees continued success.” For Editorial Inquiries Contact: Editor Matt Driskill at [email protected] For Advertising Inquiries Contact: Head of Sales Sally Passey at [email protected]