Akasa Air hints at ambitious 100 aircraft order despite loss in FY22-23

Akasa Air posted an income $94.5 million with operating costs of $226.84 million which led to an operating loss of $73.18 million. Interestingly despite its loss the airline is come a long way since its operational launch in August 2022 by introducing new domestic routes and increasing its market share. Within 11 months of its launch the airline the airline managed to captured a market share of 5% surpassing SpiceJet and added 19 aircraft bringing its total number to 72 Boeing 737 Max aircraft after an initial order. Going ahead, chief executive and co-founder Vinay Dubey has hinted at an