Archive · 1 Jul 2025
Akasa Air Reports Widening Net Loss in FY25 Amid Rising Costs
Akasa Air, a new airline, lost more money this year than last year, about 1,983 crore rupees.
This is because it cost more to pay employees, fix planes, and handle money from other countries.
While Akasa lost money, other big airlines in India did well.
Some leaders at Akasa also left their jobs.
One reason for the losses is because new airplanes haven't arrived on time.
However, Akasa says it's doing well financially and expects to get more planes soon.
They plan to expand and are hopeful for the future.
Akasa Air's net loss increased to approximately ₹1,983 crore in FY25, a rise of 18.7% year-on-year.
The loss was driven by rising employee costs, maintenance, airport charges, and foreign exchange expenses.
Leadership changes include the resignation of Ajit Bhagchandani and other senior executives.
Aircraft deliveries from Boeing have been delayed, impacting the airline's expansion plans.
Akasa Air is targeting similar growth in the current financial year and is confident in its future.
- Who
- Akasa Air
- What
- Akasa Air's net loss widened in FY25 due to increased expenses and delays.
- When
- FY25
- Where
- India
- Why
- Due to rising costs, including employee costs, maintenance, and delayed aircraft deliveries.
Akasa Air View
External Analysis
Financial Outlook
Akasa Air View
Akasa views the losses as part of the foundational investment phase.
External Analysis
N/A
- Net Loss FY25
- ₹1,983 crore
- Y-o-Y Loss Increase
- 18.7%
- Employee Cost Increase
- 36% Y-o-Y
- Aircraft Ordered
- 226
- Aircraft Delivered
- 30
- Weekly Flights (June 2025)
- 1,070
- Current Pilots Hired
- 775