Akasa Air to shift all Mumbai flight operations to Chhatrapati Shivaji Maharaj International Airport's Terminal 2 from August 1

Akasa Air is set to shift all its domestic and international flight operations at Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) to Terminal 2 from August 1, 2026.

The terminal change will apply to all Akasa Air flights operating from Mumbai, with passengers advised to check their flight and terminal details before heading to the airport, the airline said in a press release.

Travellers have also been advised to complete web check-in through the airline’s website or mobile application before arriving at the airport. The carrier is informing passengers about the change through multiple communication channels ahead of the transition.


The consolidation of operations at Terminal 2 is aimed at streamlining passenger movement and making travel more convenient for those flying with the airline from Mumbai.

The move comes as Akasa Air continues to expand its operations while navigating financial pressures facing the aviation industry following the Iran war.

The airline is reportedly looking to raise Rs 1,050 crore through a combination of equity and debt. According to people familiar with the matter, Akasa has approached existing shareholders as well as two new investors to raise around Rs 800 crore in equity.

Of this, existing shareholders are expected to contribute about Rs 500 crore, while the remaining amount could come from an Asian investor and an American investor.

The airline is also said to be in discussions with state-run banks to raise at least Rs 250 crore in debt under a government-backed credit facility available to airlines affected by disruptions linked to the conflict.

The Iran war has added to pressures on airlines by disrupting flight routes and pushing up aviation turbine fuel costs. Fuel typically accounts for a significant share of an airline’s operating expenses, leaving carriers more exposed to sharp increases in prices.

Akasa Air, which began commercial operations in August 2022, did not directly comment on the reported fundraising discussions but said it looked forward to availing benefits under the government’s credit facility, where appropriate, to support its growth plans.

Operated by SNV Aviation Pvt Ltd, Akasa Air counts founder and CEO Vinay Dube, the family of late billionaire investor Rakesh Jhunjhunwala and a private equity fund managed by 360 ONE Asset Management among its shareholders.

Despite challenges facing the aviation sector, the airline has continued to expand its network and capacity. While overall domestic industry capacity reportedly declined during March and April, Akasa increased its flight operations compared with the same period a year earlier.

The airline currently operates a fleet of around 40 Boeing 737 MAX aircraft. It recently reported a 37% increase in operating revenue for the financial year ended March 31, supported by a 30% rise in capacity measured in available seat kilometres.

Akasa Air is also targeting another 30% increase in capacity during the current financial year ending March 31, 2027, as it continues to expand its domestic and international operations.