Akasa Air Targets Over 30% Capacity Growth in FY27 Despite Industry Headwinds

Akasa Air plans to expand its capacity by more than 30 per cent in the financial year ending March 2027, maintaining its aggressive growth trajectory despite challenges such as higher fuel prices, geopolitical tensions in West Asia and aircraft delivery delays. Chief Financial Officer Ankur Goel said the airline remains confident about its long-term expansion plans, noting that capacity growth is expected to remain in the 30-40 per cent range over the next five years. The airline currently operates a fleet of 39 Boeing 737 MAX aircraft and continues to pursue rapid network expansion.

The airline reported a 37 per cent increase in operating revenue in FY26, while capacity, measured in available seat kilometres (ASKs), rose by 30 per cent. Goel said Akasa achieved significant improvements in operating performance, with unit revenues rising and costs declining despite continued expansion. International operations accounted for about 25 per cent of total capacity during the year, and the carrier expects that share to increase to around 40 per cent in the coming years as it expands services to destinations across the Gulf and Southeast Asia.

While Boeing delivery delays continue to affect fleet induction plans across the industry, Akasa said it remains committed to the aircraft manufacturer and is not reconsidering its growth strategy. The airline is also evaluating participation in the government’s emergency credit guarantee scheme designed to help companies manage short-term liquidity pressures arising from the ongoing Iran conflict. With a domestic market share of about 5.8 per cent and a long-term order book of 226 aircraft, Akasa is positioning itself for sustained growth as it seeks to strengthen its presence in both domestic and international markets.