Akasa Air
Akasa Air is expanding, with all 43 of its Boeing 737 MAX aircraft in service and Mumbai–Hanoi launched as its seventh international destination (ET Small Business, 4 Sept). Its FY26 net loss widened to ₹2,716 crore (The Hindu BusinessLine, 11 Aug), and its Elevate loyalty programme still lacks point redemptions and external partners (ET BrandEquity, 21 Sept).
What it means Rival carriers face a growing fleet competitor, and Boeing holds 183 unfilled Akasa Air orders.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: Akasa Air’s 43-aircraft 737 MAX fleet remains operational, but operators should monitor Boeing’s software-update timeline and any resulting maintenance or scheduling requirements.Reported: Akasa Air said all 43 of its Boeing 737 MAX aircraft remain safe to operate following a software issue affecting automated flight guidance.Watch:
- Reported: Akasa Air’s new CIO appointment signals a push to strengthen operational technology, cloud infrastructure and AI-enabled customer and back-office processes as the airline scales.Reported: Akasa Air appoints former Dish TV IT head Abhishek Gupta as CIOWatch:
- Reported: Akasa’s Elevate programme makes direct booking and tier benefits a practical lever to capture first-party data, personalise service and drive repeat travel beyond fare-led acquisition.Reported: Akasa Air uses Elevate loyalty programme to push repeat, direct bookings. Six weeks after launch, Akasa’s four-tier Elevate programme is designed to build first-party customer data and repeat travel.Watch:
- Reported: Akasa Air’s BPCL-backed 1% SAF flight demonstrates early operational readiness, but scalable airport supply and reliable offtake contracts will determine whether the initiative can move beyond pilots.Reported: Akasa Air flew a Mumbai–Goa commercial service using a 1% sustainable aviation fuel blend supplied by BPCL, progressing the partners’ SAF adoption MoU. The companies plan to develop SAF supply and offtake arrangements at designated Indian airports.Watch:
All 108 stories on Akasa Air1 leadership move at Akasa Air →
Background
From 7 stories, the newest dated 28 Sept 2026. Summary written 6 Oct 2026.
Akasa Air is a Mumbai-based airline that began operations in 2022.[1] source: Business Standard
Show 3 more paragraphs and 7 sources
It operates 43 Boeing 737 MAX aircraft and flies to 29 domestic and 7 international destinations.[2] source: Business Today Business Today reported a 5.5% domestic passenger share for Akasa Air in September 2026.[2] source: Business Today
In September 2026, Akasa Air was reported to be discussing an order for more than 200 Boeing 737 Max jets, on top of 183 aircraft already on order.[2] source: Business Today[3] source: ET Small Business It is also pursuing a $109 million targeted equity and debt raise.[2] source: Business Today It targets a 30% capacity increase by March 2027.[3] source: ET Small Business A resurfaced Business Standard report says Akasa Air aims to operate 226 aircraft by 2032, targeting 25-30 per cent CAGR fleet-capacity growth.[4] source: Business Standard On 28 September 2026, Akasa Air said its 43 Boeing 737 MAX aircraft continue to operate safely despite a software issue that could affect automated flight guidance.[5] source: Financial Express Boeing has notified operators and is developing a permanent update.[5] source: Financial Express
Air India Express and Akasa Air together operate about 96 Boeing 737 MAX aircraft in India, and Air India Express operates around 53 of them.[6] source: Business Today Outlook Business reported that Air India Express, Akasa Air and SpiceJet hold 505 unfilled orders.[7] source: Outlook Business
Sources
Questions about Akasa Air
What is Akasa Air's current strategy in India?
In September 2026 Akasa Air was reported to be discussing an order for more than 200 Boeing 737 Max jets and pursuing a $109 million equity and debt raise.[2] source: Business Today It targets a 30% capacity increase by March 2027.[3] source: ET Small Business On 28 September 2026 it said its 43 Boeing 737 MAX aircraft operate safely despite a software issue.[5] source: Financial Express
Who are Akasa Air's main competitors?
Business Today's September 2026 report gives Akasa Air a 5.5% domestic passenger share and names IndiGo and Air India in the same article on Akasa Air's fleet expansion.[2] source: Business Today
More stories about Akasa Air
- Akasa Air, Air India Express say Boeing 737 fleets are unaffected by FAA inspection directive
- Akasa Air launches Akasa Elevate loyalty programme
- Akasa Air backs proposal allowing airport operators to own airlines
Stories that mention Akasa Air
6 stories
Akasa Air is named in these stories but is not their subject.
- Cochin airport adds Bangkok links as winter flights rise 14.4%
- India domestic air traffic falls 6.3% in August as IndiGo share slips to 65%
- Domestic air traffic drops nearly 5% in July as IndiGo holds 67.4% share
- Navi Mumbai airport flight schedules fall 32% as airlines pare capacity
- Razorpay adds Apple Pay to help Indian brands convert overseas shoppers
- India weighs letting airport operators own airlines, opening a route for Adani and GMR