NEW DELHI, Dec 22: Akasa Air is actively engaging in discussions with Boeing regarding aircraft deliveries and anticipates expanding its fleet in the current fiscal year, which concludes in March 2025, according to the airline’s CEO, Vinay Dube.
Since commencing operations in August 2022, Akasa Air has built a fleet of 26 Boeing 737 MAX aircraft, with an impressive order for 200 more planes.
In a recent interview with PTI, Dube conveyed optimism about the airline’s performance in 2024 and its plans for continued growth in 2025.
“We pride ourselves on service excellence. Our travelers perceive Akasa as a more kind and empathetic airline. We will maintain this compassionate approach,” he stated, emphasizing the importance of ensuring that employees feel appreciated and valued.
Earlier this month, a few pilots raised concerns regarding alleged training and safety issues, which the airline firmly dismissed as unfounded.
This year, Akasa has added 4 new aircraft to its fleet.
When inquired about any potential issues with aircraft deliveries, Dube assured that Akasa Air is not facing any supply chain challenges and enjoys a strong relationship with Boeing.
“We are in ongoing talks with Boeing about our aircraft deliveries,” Dube remarked. “We’re collaborating closely to establish expectations for delivery timelines.”
When asked if additional aircraft deliveries were anticipated in the current fiscal year, Dube replied, “It’s possible, but I cannot specify how many at this time.”
In January 2023, Akasa Air announced its order for 150 Boeing aircraft, which includes the 737 MAX 10 and 737 MAX 8-200 models.
Akasa Air made its initial order for 72 Boeing 737 MAX aircraft in 2021, followed by an order for 4 additional Boeing 737 MAX 8 planes in June 2023.
Regarding reports of potential fundraising, Dube declined to comment, stating, “Financially, we are exceeding our projections. The airline is performing better than we had anticipated, which is very encouraging… we are a well-capitalized airline and will continue to be.”
In light of concerns about a virtual duopoly in the Indian aviation sector, Dube mentioned that the airline focuses on aspects within its control.
“It’s unproductive to dwell on things outside of our control. We specialize in serving our customers, ensuring the reliability of our airline, and training our staff to exhibit kindness and empathy. That’s where our focus lies,” he explained.
In the domestic aviation market, IndiGo and Air India combined account for over 91 percent of the market share as of October, while Akasa Air holds a 4.5 percent share. (PTI)
