Indian airline Akasa Air reported “strong revenue gains" for the fiscal year ended March 31, 2025.
Revenues grew 49%, the company said on July 22, supported by increased unit profitability, while capacity grew at a “staggering rate” of 48%. The airline said this was driven by a 13% increase in stage-adjusted RASK. Unit costs, excluding fuel, reduced by 7%, while EBITDAR margins improved 50%, according to the company.
“Akasa Air's financial performance reflects the strength of our business model and the disciplined execution of our strategy,” said Akasa Air CFO Ankur Goel. “We are optimistic about the future and are looking forward to building on the momentum of our robust financial and commercial performance in the years ahead.”
The company said it “remains firmly anchored” in its ambitions to be a global top 30 airline by the end of the decade, supported by 30% capacity growth and continued upward trajectory of RASK. With the airline currently operating 30 737 MAX aircraft, the company has a firm order of 226 737 MAX jets, which will further support its growth ambitions.