Akasa Air is soaring to new heights, with Chief Financial Officer Ankur Goel revealing jaw-dropping plans to expand its fleet to 226 Boeing 737 MAX planes by 2032, while eyeing operational profitability soon. The nearly three-year-old airline is already boosting its financial performance, with a 49% revenue surge in FY25 and a 50% improvement in EBITDAR margins, despite industry-wide inflation.

Goel announced that Akasa’s capacity, measured in Available Seat Kilometres (ASKs), grew by a staggering 48% in FY25, driven by a 13% rise in Revenue per Available Seat Kilometre (RASK). The airline slashed its Unit Cost per Available Seat Kilometre (CASK), excluding fuel, by 7%, thanks to sharper distribution strategies and tech investments. Looking ahead, Akasa projects over 30% capacity growth in FY26 and plans to have all 775 pilots flying by March 2026.

Currently operating 30 Boeing 737 MAX aircraft, Akasa aims for a 25-30% compound annual growth rate in fleet capacity over the next seven years. With 23 Boeing 737-8 (189 seats) and 7 Boeing 737-8200 (197 seats) planes in service, the airline expects Boeing 737-10 (227 seats) to join from 2027. International capacity will also climb to 25% this fiscal year, up from 16%.

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Goel highlighted ancillary services, contributing 10% of revenues through over 25 products, as a key growth driver. Despite a recent Air India crash, he noted no dip in demand, emphasizing India’s aviation boom with demand (15-18%) outpacing capacity growth (8%). “This is the golden decade for Indian airlines,” Goel declared, signaling Akasa’s bold bid to lead the skies.

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