Akasa Air plans to launch IPO in 2-5 years: CEO Vinay Dube

File picture of an Akasa Air passenger plane. | Photo Credit: Reuters

Three-year-old airline Akasa will come out with an IPO in two to 5 years, CEO Vinay Dube at Aviation India Summit on Wednesday (October 29, 2025).

He was responding to a query on whether or not there can be any additional capital elevate after an funding of $125 million from Premji Invest, which is related to Azim Premji Foundation, Claypond Capital, and 360 ONE Asset of Manipal Group’s Ranjan Pai.

With 30 plane in its fleet, the airline that has grappled with delayed deliveries of Boeing 737 MAX over the previous two years, struck a extra optimistic word.

“With Boeing growing its manufacturing fee, there’s extra confidence in our enlargement,” the CEO mentioned. 

Declining to offer particular numbers on the speed of induction, Mr. Dube mentioned that the airline will add 196 plane till December 2032 in a non-linear trajectory, with the variety of new planes growing progressively annually.

The airline was additionally confronted with virtually 400 pilots grounded till early this yr because of delayed deliveries, however the CEO mentioned 85% of them have been now actively flying and by the top of the following 30 to 60 days, all of them will accrue flying hours. The airline will even restart hiring pilots after a hiatus of three years, first officers particularly, who will start to affix the airline from the second half of 2026.

Published – October 29, 2025 04:43 pm IST

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