Akasa Air has outlined an aggressive expansion plan for the upcoming fiscal year, targeting a 30% increase in capacity for FY27.
The Indian low-cost carrier, which has maintained operational profitability for six consecutive months, is positioning itself for an initial public offering within the next two to three years.
The airline currently operates a fleet of 39 aircraft.
Management has set a long-term target of growing this fleet to 226 aircraft by 2032, a scale-up that underscores the company's confidence in domestic travel demand and its own unit economics.
The sustained profitability streak is a critical milestone for a carrier that has historically operated in a highly competitive and price-sensitive market.
An IPO would mark a significant liquidity event for investors and founders in one of India's fastest-growing aviation segments.