Akasa Air Records Revenue Growth and Network Expansion in FY2025–26

Akasa Air Strengthens Growth Strategy with Fleet and Route Expansion

Akasa Air has reported a 37 per cent increase in operating revenue for the financial year ended 31 March 2026, supported by a 30 per cent increase in capacity, measured by Available Seat Kilometres (ASKs).

During FY2025–26, the airline added 10 Boeing 737 MAX aircraft to its fleet, taking its total fleet size to 37 aircraft by the end of the financial year. Cargo volumes reached approximately 171,000 tonnes, while stage-adjusted Revenue per Available Seat Kilometre (RASK) increased by 10 per cent, supported by network expansion, distribution improvements and operational efficiency.

The airline also reported progress in cost management, with Cost per Available Seat Kilometre (CASK) declining by 4 per cent year-on-year. EBITDAR margins improved during the year despite currency fluctuations and broader industry cost pressures.

Akasa Air expanded its network to 26 domestic and six international destinations during the financial year. International operations accounted for more than 23 per cent of the airline’s total capacity, reflecting the increasing contribution of overseas routes to its overall network.

Commenting on the results, Ankur Goel, Chief Financial Officer at 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 revenue growth, expanded our fleet and network, improved margins and further strengthened our financial position through a strategic investment transaction. These milestones reflect the strength of our business model and our long-term approach to building a resilient airline.”

The airline maintained load factors of around 88 per cent throughout the year and served more than 25 million passengers by FY2025–26, reflecting continued demand across its network.

During the year, Akasa Air completed a strategic investment transaction that included participation from Premji Invest, funds managed by 360 ONE Asset, Claypond Capital and additional investment from the Jhunjhunwala family and associates. The investment is expected to support the airline’s long-term growth plans.

The carrier also continued to strengthen ancillary revenue streams through investments in technology platforms, distribution channels and customer-focused products.

Looking ahead to FY2026–27, Akasa Air plans to further expand its domestic and international presence while leveraging opportunities at Navi Mumbai International Airport and Noida International Airport.

The airline currently operates 38 Boeing 737 MAX aircraft and has an order book of 226 aircraft. Its network connects 27 domestic and seven international destinations across India, the Middle East and Southeast Asia.

For more travel and tourism content, follow Safari India.