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Akasa Air reports improved financial and operational metrics for fiscal 2026
June 24th 2026
India-based Akasa Air said it achieved revenue growth of 37% and grew operating margins during the 12 months to March 31 2026, compared with the prior year as cost discipline and efficient fleet utilisation helped buoy the bottom line amid currency volatility and cost pressures. Read More » Akasa Air, which began flying three years ago, said cost per available seat kilometre was down 4% year-on-year, while earnings before interest, tax, depreciation, amortisation and rent (EBITDAR) margins increased 60%. The airline did not provide actual financial figures in its statement yesterday (June 23), only percentage changes. “FY2025–26 was an important year for Akasa Air as we continued to strengthen our business while delivering sustained growth,” Akasa Air chief financial officer, Ankur Goel, said. “We achieved strong revenue growth, improved margins, expanded our fleet and network, and further strengthened our financial foundation through the successful completion of a strategic investment transaction. As India’s aviation market continues to grow, we remain focused on building a well-capitalised, resilient airline with a long term perspective and a clear commitment to creating lasting value for all stakeholders.”
