Akasa Air’s Chief Financial Officer has reassured investors and market watchers that there is no risk to the airline’s strategic deal with Etihad Airways. The CFO emphasized that the regulatory approval process for this partnership is currently underway and progressing smoothly. This statement comes at a time when investors are attentive to both global economic signals and sector-specific updates, amid volatile market conditions with mixed performances across various industries.

The ongoing regulatory review is a routine part of such deals, aiming to ensure compliance and safeguard interests of all parties involved. Akasa Air remains optimistic about finalizing the deal, which is expected to strengthen its market position and expand its operational capabilities. This positive outlook from the CFO provides some clarity and confidence to investors amid an otherwise uncertain market environment.