Akasa Air Expands Fleet, Reports FY25 Loss

Akasa Air, India's newest airline, is pursuing rapid expansion with plans to grow its fleet from 30 Boeing 737 MAX aircraft to 226 by 2032. The airline forecasts annual capacity growth of 25-30%, with available seat kilometers expected to rise by over 30% this fiscal year after a nearly 50% increase last year. Akasa Air reported 49% revenue growth in FY25 and has reduced unit operating costs by 7%, but is still operating at an overall loss while aiming for future profitability. Its international capacity is projected to reach 20-25% of total operations by fiscal year-end, supported by renewed confidence in Boeing's delivery schedule. The airline, which holds a 5.3% share of India's domestic market, is also prioritizing safety and strategic investments in technology to drive efficiency. Backed by prominent investors, Akasa Air continues to expand amid intense competition from major players IndiGo and Air India Group.