- RISING COMPETITION, AVIATION BOOM
THE CHIEF EXECUTIVES of Air India and Akasa Air have privately exchanged barbs over the poaching of pilots, with the latter accusing its bigger rival of rule violations, provoking a reply that collusion to curb job switching can breach competition law.
The exchange, detailed in a September 21 letter seen by Reuters, spotlights growing competition in the country's aviation market, as a strong rebound in air travel after the pandemic, coupled with a flurry of orders for new aircraft, lead to a shortage of pilots.
The rare verbal and written confrontations between the airlines' CEOs were detailed in the letter, sent by Campbell Wilson of Air India, which is owned by the Tata Group conglomerate, to Vinay Dube of low-cost airline Akasa.
It followed a telephone call between them and a missive Dube had sent expressing his concerns to the Tata Group.
This story is from the November 01, 2023 edition of Financial Express Mumbai.
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This story is from the November 01, 2023 edition of Financial Express Mumbai.
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