Key regulatory clearances and final documentation in progress as airline remains optimistic.
India’s youngest airline, Akasa Air, has reiterated that its ongoing partnership deal with Etihad Airways is on track, with no risk to the transaction, according to the company’s Chief Financial Officer Ankur Goel.
Speaking to reporters at a recent press event, Goel stated that the deal is progressing steadily, with all regulatory formalities and corporate clearances currently underway.
🔍 What We Know So Far:
- ✅ No Risk to Etihad Partnership: Akasa Air CFO Ankur Goel assured there are no signs of concern regarding the agreement.
- 🗂 Regulatory Process Active: Government permissions and formal documentation are in process.
- 📄 Final Closing Documents Pending: The final steps, including required corporate actions, are expected to be completed soon.
- 🤝 Strategic Partnership in Focus: The Etihad-Akasa collaboration could significantly strengthen Akasa’s position in the Indian aviation sector.
📰 Background
The proposed deal between Akasa Air and Abu Dhabi’s flagship carrier Etihad Airways is seen as a strategic move to boost Akasa’s international and domestic ambitions. If finalized, it would mark Etihad’s expansion in India’s fast-growing aviation market.
The agreement is still under review by Indian aviation regulators and government agencies, and full details will emerge post-approval.
Stay tuned for more updates as the regulatory approvals are finalized.
🔒 Disclaimer
This article is based on public statements and ongoing developments. Final terms and figures related to the Akasa-Etihad deal are subject to regulatory and legal review.
