Fleet Expansion Plans
Akasa Air is set to enhance its operations with the addition of more Boeing 737 MAX aircraft this fiscal year, ending in March 2025. Currently, the airline operates a fleet of 26 planes, with an ambitious plan that includes an order of 200 more aircraft. CEO Vinay Dube confirmed that discussions are ongoing with Boeing regarding the delivery schedule, emphasizing a strong partnership free from supply chain issues.
Strong Performance and Customer Focus
Reflecting on its successful year in 2024, Dube expressed optimism for the airline’s trajectory moving forward into 2025. He highlighted Akasa Air’s mission to establish itself as a “kind and gentle airline,” where customer service is characterized by empathy and care. Dube also stressed the importance of employee well-being, asserting that the airline prioritizes a respectful and supportive environment for its staff.
Addressing Concerns
Recently, some pilots raised concerns about alleged training and safety protocols, which the airline has categorized as unfounded. Dube reassured stakeholders about the airline’s commitment to safety and quality, reiterating that Akasa Air maintains stringent training programs and operations to ensure an excellent flying experience for passengers.
Recent Developments in Aircraft Orders
This year, Akasa Air added four new planes to its fleet. The airline had previously placed significant orders with Boeing, including 150 aircraft in January 2023, which feature both the 737 MAX 10 and 737 MAX 8-200 models. This comes after an initial order of 72 MAX aircraft in 2021 and a follow-up order for four additional MAX 8 planes in June 2023.
Financial Stability and Market Presence
On the financial front, Dube shared that the airline is performing better than anticipated, affirming its status as a well-capitalized entity. Reports suggesting the need to raise funds were dismissed, with Dube emphasizing that Akasa Air is on track with its financial plans and continues to prioritize operational excellence.
Navigating Market Challenges
In the context of the competitive Indian aviation market, where the IndiGo and Air India groups dominate with over 91% market share, Akasa Air holds a modest 4.5% share. Dube noted that while market dynamics are beyond the airline’s control, Akasa Air will concentrate on enhancing customer service and fostering a culture of kindness within its operations, remaining focused on what it can effectively manage.
