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Akasa Air IPO: Akasa Air intends to launch its initial public offering (IPO) within the next two to five years, said Founder and CEO Vinay Dube on Wednesday,
October 29. He added that the airline will not chase "growth for the sake of growth". The airline currently operates a fleet of 30 aircraft. Vinay Dube highlighted that Akasa Air is cash-positive, emphasising that the company’s financial performance is progressing steadily and in a manner that meets management’s expectations. He added that this strong financial position allows the airline to continue expanding its routes and operations while maintaining stability and operational flexibility.
Akasa Air IPO: When will it hit Dalal Street?
According to Vinay Dube, the airline is considering an initial public offering (IPO) within the next two to five years as part of its long-term growth strategy. In August, Akasa Air announced that it had secured funding from investors, including Premji Invest and Claypond Capital, with the capital primarily intended to support the airline’s expansion plans. These investments are expected to strengthen its operational capacity, enhance fleet development, and enable the airline to scale its network efficiently while maintaining financial stability.
Akasa Air IPO: Company’s vision highlights
Dube made these remarks during a session at the Aviation India and South Asia 2025 Conference held in the national capital. According to the latest official data, the airline held a 5.4% share of the domestic aviation market in August, reflecting its steady progress in a highly competitive sector.
Earlier, in July, Akasa Air’s Chief Financial Officer, Ankur Goel, stated that the airline continues to strengthen its financial performance while expanding capacity to meet growing demand.
He also outlined the company’s long-term vision of operating a fleet of 226 aircraft by the end of 2032, underscoring its ambitious growth plans and commitment to becoming a major player in India’s aviation landscape.
With inputs from PTI.
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