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AKASA REVENUE
Akasa Air plans to hike capacity by 30%Akasa Air is charting an ambitious course, targeting a significant 30% capacity expansion by fiscal year 2027. Despite global uncertainties...- Akasa Air eyes 30% capacity growth in FY27Akasa Air is set for a significant 30% capacity expansion this financial year, with ambitious long-term plans remaining steadfast despite g...
- Higher airfares can price out people from flying: IATA Chief EconomistAirlines plan to increase ticket prices to offset rising fuel costs. This move might make flying unaffordable for some travelers. Jet fuel ...
- Cabinet clears upgradation of Nagpur International AirportNagpur International Airport is set for a major upgrade through a public-private partnership. The Union Cabinet has approved extending the ...
- Jhunjhunwala-backed Akasa Air joins IATA, becomes fifth Indian airline to become member of global aviation bodyAkasa Air has officially joined the International Air Transport Association (IATA), a significant achievement following its successful comp...
- Akasa Air expects faster Boeing aircraft deliveries; to soon start international flights from DelhiAkasa Air is set to begin international flights from Delhi soon. The airline also anticipates quicker deliveries of Boeing aircraft. Curren...
- Akasa Air completes strategic investment transactions; Premji Invest, 360 ONE Asset among new investment partnersAkasa Air has finalized strategic investment deals, welcoming Premji Invest, 360 ONE Asset, and Dr. Ranjan Pai's investment office as partn...
- Increase in size will result in profitability: Akasa Air CFO Ankur GoelAkasa Air anticipates a significant capacity boost this fiscal year, exceeding 30%, driven by increased aircraft deliveries from Boeing. De...
- Akasa Air aims to have 226 planes by 2032, targets 25-30% growth yoyAkasa Air is aggressively expanding, targeting a 226-plane fleet by 2032 with a 25-30% annual capacity increase. The airline plans to add f...
- Akasa signs agreement with GMR Aero Technic for base maintenance of its Boeing 737 MAX fleetAkasa Air has entered a three-year agreement with GMR Aero Technic for base maintenance support of its Boeing 737 MAX fleet. GMR Aero Techn...
- Akasa Air crosses 17 million passengers and 100,000 departures in under 3 yearsAkasa Air has demonstrated remarkable growth in its nearly three years of operation, flying over 17 million passengers and operating more t...
- Akasa’s ambitions face risk as Boeing’s delays create turbulence, leave pilots idleAkasa Air, India's newest airline, is struggling due to delays in Boeing 737 MAX deliveries. With 226 planes on order, the airline faces op...
- Why Premji-Ranjan Pai are betting millions on Akasa AirAkasa Air, a new budget carrier, is securing substantial investment from prominent family offices amidst a challenging Indian aviation sect...
- Premji-Ranjan Pai family offices to board Akasa with big stake buyAkasa Air is securing a $130-140 mn investment from a consortium led by Premji Invest and Claypond Capital. The Jhunjhunwala family is also...
- Akasa Air FY24 revenue soars 339%, losses up over two-foldAkasa Air saw a significant revenue increase to ₹3,069.6 crore in FY24, but losses also grew to ₹1,670.1 crore due to rapid expansion. Desp...
- Rakesh Jhunjhunwala's lofty bet has grown fourfold: What lies aheadIn 2021, Vinay Dube launched Akasa Air, backed by investor Rakesh Jhunjhunwala. Despite initial losses, the airline's valuation has grown t...
- Boeing deliveries on track as Akasa goes international, CEO saysIndia's newest airline in January announced an order for 150 Boeing 737s, as it bets big on its international operations. The order announc...
- Akasa Air moves Delhi HC for action against pilots not serving notice period following resignationThe airline told Justice Manmeet Pritam Singh Arora the company was in a "state of crisis" because of these resignations and had to cancel ...
- Akasa Air partners with RateGain for dynamic allocation of airfaresIt allows the airline access to act upon changing market dynamics and optimise airfares in real-time to provide the best fares to the custo...
- Akasa Air chooses Navitaire as its reservations system providerNew Skies is Navitaire's order-based reservation and retailing system and SkyLedger is its revenue accounting system.
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