On August 7, Akasa Air, the airline with the fastest rate of growth in India, celebrated its second anniversary. Over the course of its incredible journey, the airline has reached previously unheard-of milestones in the aviation business. Since its founding on August 7, 2022, when it operated its first trip from Mumbai to Ahmedabad, Akasa Air has grown to become a well-known carrier in India.
Akasa Air’s 2nd Anniversary: 10 Key Points To Know
- Second Anniversary: Akasa Air celebrated its second anniversary on August 7, marking two years since its first flight from Mumbai to Ahmedabad in 2022.
- Rapid Growth: In just two years, Akasa Air has become India’s fastest-growing airline, serving over 11 million passengers.
- Punctuality: Akasa Air is recognized as India’s most punctual airline, a key factor in its success.
- Leadership Insight: CEO and founder Vinay Dube reflected on the airline’s journey, emphasizing their commitment to redefining air travel in India with modern in-flight experiences and quality service.
- Extensive Network: The airline operates around 900 weekly flights, connecting 22 domestic and five international destinations.
- Record Aircraft Order: Akasa Air placed a firm order for 150 aircraft in January 2024, just 17 months after launching, setting a record in the aviation industry.
- International Expansion: After 19 months of operation, Akasa Air became the first Indian airline to fly internationally, serving destinations like Doha, Riyadh, Abu Dhabi, Jeddah, and Kuwait.
- Global Reach: The airline has expanded its international presence, now operating over 35 weekly flights to international destinations.
- Financial Discipline: Akasa Air is on track to profitability, focusing on cost leadership and financial discipline.
- Industry Impact: The airline saw a 300% increase in available seat kilometers (ASKM) in the last fiscal year, setting a new standard in the aviation sector and aiming for a 50% annual increase in ASKM moving forward.
After serving more than 11 million passengers in only two years, Akasa Air has been known as India’s most punctual airline.
The CEO and founder of Akasa Air, Vinay Dube, gave a retrospective of the airline’s history, saying, “Two years ago, we set out to redefine air travel in India.” We are happy to report that, as of right now, we have succeeded in realizing that goal, providing passengers with the most comfortable flights possible, a clean and modern in-flight experience, and carefully selected food selections. Our 4,000-person team’s commitment and our partners’ and shareholders’ steadfast support are the reasons for our success.
With approximately 900 weekly flights, the airline now links 22 domestic and five overseas locations. Within barely 17 months of business, Akasa Air achieved a record by placing a definite order for 150 aircraft in January 2024.
Also Read: IndiGo Celebrates 18 Years with Bold Expansion Plans
After only 19 months of existence, Akasa Air became the first Indian airline to fly internationally, offering service to Doha, Riyadh, Abu Dhabi, Jeddah, and Kuwait. The airline has expanded its worldwide reach by operating more than 35 weekly overseas flights.
Akasa Air is on course to turn a profit by concentrating on cost leadership and practicing financial discipline. In the most recent fiscal year, the airline had a 300 percent increase in available seat kilometers (ASKM), which created a new standard in the aviation industry. In the future, Akasa expects ASKM to rise by 50% annually, maintaining its position as the market leader
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