calender_icon.png 27 July, 2025 | 2:16 AM

Akasa Air well-capitalised, set to expand with new destinations: CEO

30-01-2025 12:00:00 AM

PTI NEW delhi

Akasa Air, India's youngest airline, is well-capitalized and plans to add 5-10 new destinations, including international routes, next year as it aims to maintain its position as the country's fastest-growing airline, CEO Vinay Dube said.

Dube, in an interaction with PTI, also projected an "incredibly bright" outlook for the next 30 years and said the delay in the delivery of one or two aircraft does not change the fundamentals of the airline's business or growth trajectory as it has built an extremely "strong and stable" platform.

The nearly two-and-a-half-year-old Rakesh Jhunjhunwala family-backed Akasa Air currently has a fleet of 27 Boeing 737 Max planes and commanded a 4.6 per cent market share in CY2024.

"It is no secret that Boeing has been delayed in its delivery stream. No secret about that, either from us or Boeing or any other airline whether one or two aircraft were late or not, is not something that changes the fundamentals of our business. It does not change the growth trajectory," Dube said in response to a question on aircraft deliveries. However, he said that Akasa has stopped giving 

guidance on deliveries because "the story changes focus from Akasa being the fastest growing airline in India or the world, to two aircraft were late."