Taking a giant leap in the aviation sector, Akasa Air, on Tuesday, expanded its fleet with the induction of its 20th aircraft, a Boeing 737-8-200. This strategic acquisition marks a milestone in the airline’s journey, granting it eligibility for international operations as per regulatory requirements.
Celebrating this achievement, Akasa Air shared on Twitter, “Thrilled to welcome our 20th aircraft in Bengaluru today! This landmark addition to our fleet also makes us the first airline in Asia to receive the Boeing 737-8-200 aircraft.”
The airline, under the leadership of Founder and CEO Vinay Dube, accomplished the commendable feat of reaching a fleet size of 20 aircraft within a mere year of initiating operations. Dube expressed his elation, “Today’s landmark addition to our fleet heralds the international chapter of growth in Akasa’s story, making us extremely optimistic about our future.”
Since its inception in August the previous year, Akasa Air has already transported over 4 million revenue passengers. The airline has achieved the milestone of operating more than 900 weekly flights and currently provides a network of 35 unique routes connecting 16 Indian cities.
In a statement, Akasa Air underscored how the Boeing 737-8-200 aircraft aligns with their commitment to controlling operating costs while improving customer experience. The 737 MAX family offers a blend of increased range and fuel efficiency, cutting fuel usage and carbon emissions by 20%.
Despite reporting an operational loss of Rs 602 crore for eight months in FY23, Akasa Air remains undeterred. The airline has earned Rs 777.8 crore, while its operational expenditure amounted to Rs 1,866 crore till March 2023, mainly due to pre-operating costs and the cost of establishing new stations and routes.
This report is based on an article from businesstoday.in.