‘Akasa Air To Be a Globally Competitive Airline’

As India’s aviation market continues to grow, Akasa Air to remain focused on building a well-capitalised, resilient airline with a long term perspective supported by its presence across domestic and international markets. Akasa Air expects to maintain a 30-40 per cent growth trajectory over the next five years, the airline will leverage opportunities presented by Navi Mumbai International Airport and Noida International Airport.

“With a growing fleet, strong capital, and a continued focus on efficiency and customer experience, Akasa remains committed to building a sustainable, resilient, and globally competitive airline from India,” the company said in a media briefing.

During FY2025–26, Akasa Air’s operating revenue increased 37 per cent, supported by a 30 per cent growth in capacity measured through Available Seat Kilometres (ASKs). The airline inducted 10 Boeing 737 MAX aircraft during the year, rapidly expanding its fleet to 37 aircraft. Cargo volumes reached approximately 171,000 tonnes by the end of FY2025–26, while stage adjusted Revenue per Available Seat Kilometre (RASK) improved by 10 per cent.

Akasa Air has placed a firm order for 226 Boeing 737 MAX aircraft, with a pipeline of 187 additional aircraft scheduled for delivery over the next six years.

Cost discipline and efficient fleet utilisation enabled Akasa Air to improve margins despite a year marked by currency volatility and industry wide cost pressures. The airline’s Cost per Available Seat Kilometre (CASK) reduced by 4 per cent year-on-year, as it absorbed significant industry cost pressures while EBITDAR margins improved by staggering 60 per cent, reflecting the benefits of scale, operational efficiency, and disciplined commercial execution.

The airline expanded its network to 26 domestic and six international destinations during the year, with international operations accounting for over 23 per cent of total capacity, reflecting the growing contribution of overseas markets to its network portfolio.

Ankur Goel, Chief Financial Officer, Akasa Air, said, “FY2025–26 was an important year for Akasa Air as we continued to strengthen our business while delivering sustained growth. We achieved strong revenue growth, improved margins, expanded our fleet and network, and further strengthened our financial foundation through the successful completion of a strategic investment transaction. These milestones reflect the strength of our business model, the discipline of our execution, and the confidence of both our customers and investors. ”

The airline continued to witness strong customer demand, maintaining load factors of approximately 88 per cent throughout the year, and served 25 million passengers by FY2025–26.

During the year, Akasa secured Premji Invest, funds managed by 360 ONE Asset, Claypond Capital, and additional investment from the Jhunjhunwala family and associates.

The airline also continued to diversify its revenue streams through investments in ancillary products, technology platforms, and distribution capabilities, supporting stronger commercial performance across the business.