Akasa Air co-founder Praveen Iyer leaving airline

Indian airline Akasa Air said on Wednesday its co-founder and chief commercial officer, Praveen Iyer, will be leaving in April, at a time when the firm is navigating delayed Boeing jet deliveries.

Iyer will be succeeded by Anand Srinivasan, another co-founder and the chief information officer, Akasa said, without offering more details.

It marks the second high-profile departure at the airline in recent months, following the exit of Neelu Khatri, another co-founder, last year.

Akasa Air started commercial operations in 2022 in the intensely competitive domestic airlines market, dominated by market leader IndiGo and Tata Group-backed Air India.