Akasa Air has secured a ₹740 crore working capital loan from IndusInd Bank under the Emergency Credit Line Guarantee Scheme (ECLGS).
The financing marks the second time an Indian airline has accessed the government-backed fund, following SpiceJet's earlier utilization of the scheme.
The low-cost carrier has previously outlined plans to increase its capacity by 30% in FY27, a move that requires significant working capital to manage fuel costs, aircraft leases, and operational scaling.
The capital injection is designed to strengthen the carrier's liquidity position as it executes its operational expansion strategy.
The loan supports Akasa Air's aggressive growth trajectory for the upcoming fiscal year.
The low-cost carrier has previously outlined plans to increase its capacity by 30% in FY27, a move that requires significant working capital to manage fuel costs, aircraft leases, and operational scaling.
By securing this facility, the airline ensures it has the financial flexibility to pursue these targets without compromising its balance sheet stability.