Successful trajectory towards profitability: Akasa Air on 2 years of flying

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Successful trajectory towards profitability: Akasa Air on 2 years of flying - Business Standard

Quick Summary:

Completing two years of flying, Akasa Air on Wednesday said it is on a "successful trajectory" towards profitability and expects seat capacity to rise 50 per cent on an annual basis.

In a release, Akasa Air said its "unwavering commitment to cost leadership, supported by operational and financial discipline, has set the airline on a successful trajectory toward profitability".

Akasa Air, which commenced operations on the same day two years ago, flies to 22 domestic and five international cities, and has carried over 11 million passengers in India since its inception.