Image Source : Moneycontrol
India’s youngest airline, Akasa Air, is preparing for a transformative decade, with CFO Ankur Goel announcing an ambitious fleet expansion to 226 aircraft by 2032.
Key Highlights:
- Akasa currently operates 28 Boeing 737 MAX aircraft and has placed firm orders for 226 more.
- The airline expects industry capacity to grow at 6–8% annually, but forecasts demand to outpace supply significantly.
Strategic Outlook:
- Akasa aims to base aircraft at Navi Mumbai and Jewar airports, positioning them as long-term hubs.
- International operations, currently 18% of capacity, are projected to rise to 40% in the coming years.
- The airline is focused on profitability over market share, emphasizing sustainable growth and customer experience.
Market Implications:
- With India’s air travel demand expanding rapidly, Akasa’s aggressive scaling could reshape domestic and international connectivity.
Sources: Economic Times, Financial Express, New Indian Express.
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