Akasa Air raises ₹450 crore, seeks another ₹700-800 crore as losses mount
Akasa Air's financial pressures are mounting as it expands its fleet amid geopolitical disruptions, higher fuel costs and aircraft delivery payments. Revenue has risen sharply, but losses have climbed to more than ₹2,700 crore in FY26. The airline is targeting 50 aircraft by March 2027 as questions grow over its funding needs.
Akasa Air's financial pressures are mounting as it expands its fleet amid geopolitical disruptions, higher fuel costs and aircraft delivery payments. Revenue has risen sharply, but losses have climbed to more than ₹2,700 crore in FY26. The airline is targeting 50 aircraft by March 2027 as questions grow over its funding needs.
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