Akasa Air eyes flights to Qatar, Kuwait, Saudi Arabia in a 'few months,' says CEO

The CEO hinted at a phased approach to international operations, with the initial destinations including Doha, Kuwait, Riyadh, and Jeddah. He emphasised that Akasa Air is looking to expand its footprint across the Middle East and Southeast Asia, encompassing destinations such as Bangladesh, Sri Lanka, Nepal, and the Maldives.

Responding to questions about the timeline for the commencement of international flights, Dube stated, "The first half unequivocally, you should see us fly to these international destinations." This declaration adds clarity to the airline's timeline, setting expectations for eager travellers looking forward to Akasa Air's international services.

Financial and emotional commitment

In addition to the international expansion plans, Dube addressed the financial and emotional commitment of the Jhunjunwala family to Akasa Airways. He assured that the family is deeply invested in the success of the airline, both financially and emotionally, considering it a crucial part of their legacy.

"Akasa is part of the Jhunjhunwala legacy; the family is as committed to the brand financially and emotionally as it was many months ago."

Highlighting the significance of the late Rakesh Jhunjhunwala's decision, Dube said, "This was a big deal for the late and great Rakesh Jhunjhunwala — he took a bet on Akasa."

Emphasising Akasa's integral role in the family's legacy, he added, "Akasa is part of his legacy, and the Jhunjhunwala family is absolutely not looking to divest."

Highlighting the growth trajectory of the airline, Dube revealed that Akasa Air has significantly bolstered its pilot strength in the last six months, adding over 150 pilots to the team, bringing the total count to over 500. He emphasised that the increased pilot strength positions Akasa Air for substantial growth in the months to come.

The CEO also touched upon the airline's funding strategy, stating that international operations do not require any special funding. However, he mentioned that if needed, a fundraise would be directed towards a three-digit aircraft order, which is expected to be announced in January, without the need for additional capital.

Looking ahead, Akasa Air aims to be India's cost leader as well as show the way in service excellence. The growth target is set at 76 aircraft by mid-2027, with the announcement of the next aircraft order and the path for aircraft delivery strategy scheduled for January.

Akasa Air aims to have a fleet of 22 aircraft by the end of 2023, reaching 25 by March and doubling its fleet by the end of the next fiscal year.