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Akasa Air quietly gears up for an IPO but valuation may be years away

Akasa Air quietly gears up for an IPO but valuation may be years away

Akasa Air is reportedly prepping for an IPO, but analysts don’t expect it to reach EBITDA profitability soon. That puts pressure on founder Rakesh Jhunjhunwala’s “last big bet,” which plans to list in the coming years. The carrier will need substantial operational improvements to earn a valuation closer to IndiGo’s, rather than its current trajectory.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Akasa Air to launch direct Mumbai Hanoi flights from September 4 entering Vietnam

Akasa Air to launch direct Mumbai Hanoi flights from September 4 entering Vietnam

Akasa Air announced it will launch direct Mumbai–Hanoi flights from September 4, 2026, marking its entry into Vietnam. The airline plans to run four weekly services on the route, aiming to boost travel demand and improve connectivity between India and Southeast Asia as Hanoi and Vietnam attract more Indian travellers.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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SpiceJet and Akasa Air collide at Delhi airport on ground DGCAs probe begins immediately

SpiceJet and Akasa Air collide at Delhi airport on ground DGCAs probe begins immediately

A SpiceJet aircraft and an Akasa Air flight collided on the ground at Delhi’s Indira Gandhi International Airport. The impact damaged the right winglet of the SpiceJet plane and the horizontal stabiliser of the Akasa Air aircraft. While passengers on the Akasa flight were safe, the Directorate General of Civil Aviation has started an investigation to determine what led to the collision.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Akasa and Air India trapped by US seat certification delays leaving planes grounded

Akasa and Air India trapped by US seat certification delays leaving planes grounded

Akasa planned to expand its fleet to 35–40 by March but is stuck at about 30. Air India faces similar disruption as aircraft delivery timelines slip. The bigger issue: even when planes are prepared for delivery, their seats must be certified by a US aviation regulator, a process that can take up to 18 months, delaying operations.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Akasa CEO Dube maps bold fleet and IPO bets despite losses and leadership churn

Akasa CEO Dube maps bold fleet and IPO bets despite losses and leadership churn

Akasa Air CEO Vinay Dube tells ET Prime the airline is planning major fleet expansion and a future IPO even as it navigates losses and leadership churn. He also lays out a Boeing order timeline and how new regulator rules for pilot flying may reshape the path to scaling. Despite uncertainty, Dube argues 2032 is not the finish line.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Akasa Air adds new Boeing 737 MAX 8 to reach 38 aircraft by April

Akasa Air adds new Boeing 737 MAX 8 to reach 38 aircraft by April

Akasa Air has expanded its fleet to 38 aircraft after receiving a Boeing 737 MAX 8-200, which landed in Bengaluru on April 21, 2026. The carrier has already inducted seven new planes in the first four months of 2026, a rapid pace expected to strengthen and deepen its flight network.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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