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Akasa Air Charts Steady Course Toward Profitability Despite FY25 Losses

Updated: July 22, 2025 15:03

Image Source : NDTV Profit
India’s youngest airline, Akasa Air, has reaffirmed its trajectory toward profitability, reporting strong revenue growth in FY24–25 despite widening losses. The carrier, backed by the late Rakesh Jhunjhunwala, remains optimistic as it scales operations and expands internationally.
 
Key Highlights From FY24–25 Performance
  • Akasa Air posted total income of ₹3,144 crore in FY24, marking a fourfold increase from ₹778 crore in FY23.
  • Net loss widened to ₹1,670 crore, attributed to infrastructure investments, fleet expansion, and international route launches.
  • The airline tripled its capacity yearonyear, with a 10 percent rise in revenue per available seat kilometre.
  • Operating over 110 daily flights, Akasa now serves 28 destinations across five countries with a fleet of 26 Boeing 737 aircraft.
Strategic Expansion And Market Position
  • Akasa launched international services in March 2024, flying to Doha, Jeddah, Riyadh, Abu Dhabi, and Kuwait.
  • It holds a 4 to 5 percent share of India’s domestic aviation market, according to DGCA data.
  • The airline plans to increase seat capacity by 50 percent in FY25 and aims to raise $1 billion in debt and equity to support fleet growth.
Leadership Outlook
CFO Ankur Goel emphasized that earlystage losses are typical for new airlines, citing Akasa’s net cashpositive position and operational reliability as signs of longterm viability.
 
Sources: Economic Times, AeroTime, Aviation A2Z, AirGuide.info, Rediff Money, New Indian Express.

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