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Akasa Air aims to have 226 planes by 2032, targets 25-30% growth yoy

Akasa Air aims to have 226 planes by 2032, targets 25-30% growth yoy

Time of India6 days ago
Akasa Air is expanding its fleet. The airline plans to operate 226 aircraft by 2032. Currently, it has 30 Boeing 737 MAX planes. Akasa Air flies to 23 destinations, including international locations. Ankur Goel, the CFO, mentioned a fleet capacity growth of 25-30 per cent CAGR. The airline is focused on maintaining cost leadership in the aviation sector.
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Indian airline Akasa Air aims to achieve a 226-plane fleet by 2032, with an annual capacity addition of 25-30%, the airline's Chief Financial Officer Ankur Goel said on Tuesday.The airline is focused on cost leadership in the aviation sector as it is working on reducing unit cost in the current fiscal year.Akasa Air has placed an order for Boeing 737-10 aircraft with 227 seating capacity. The company expects the delivery of these aircraft by 2027.For now, the company is adding more 197-seater aircraft for capacity building as the company currently operates with 185-189-seater aircraft.To meet regional demands, Akasa Air deployed 1/4th capacity in Uttar Pradesh market during Maha Kumbh Mela 2025, Goel stated.The airline aims to have 226 aircraft by 2032, Goel said, adding that the fleet capacity growth will be around 25-30% CAGR (Compound Annual Growth Rate) in the seven-year period.Launched in August 2022, Akasa Air currently flies to 23 domestic and international destinations with a fleet of 30 Boeing 737 MAX planes.
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