Akasa Air eyes bourse debut by end of decade as international expansion takes flight
India’s newest airline Akasa Air, which is set to soon fly on international routes and will be placing a three-digit aircraft order, plans to list on the bourses by the end of the decade, its Chief Executive Officer Vinay Dube told PTI.
The 14-month-old Akasa Air, which already operates more than 750 weekly flights across 16 domestic destinations, including Mumbai, Ahmedabad, Bengaluru and Delhi, is looking at “gathering a little more history” before launching an initial public offering (IPO), he said.
The airline plans to start international services by the end of this fiscal and has placed a firm order for 76 Boeing 737 MAX aeroplanes, all of which will join its fleet by mid-2027.
