After Akash, now Akasa is preparing to compete with Air Indigo and SpiceJet in the stock market also. The company says that the IPO will definitely come, but till then it is not confirmed. According to the company, the carrier’s IPO may come in the next two to four years. The CFO of the company says that many targets have been set by the company. How long those targets are achieved will depend on when the IPO will come. Let us also tell you what kind of update has been given by the CFO of the company regarding the IPO.
Akasa Air IPO planning
Chief Financial Officer (CFO) of airline company Akasa Air Ankur Goyal said on Tuesday that the airline is planning to launch its initial public offering (IPO) in the next two to four years, depending on its various goals. He said that there is no question whether the IPO of the airline will come or not, because it is certain and the only question is when will the IPO come. The company started operations in August 2022, after which it has been gradually expanding its presence. Currently the airline is providing services to a total of 34 destinations including international cities. This airline currently has a fleet of 39 aircraft and by 2032 its target is to include 226 aircraft in its fleet.
The company has set targets
At an event organized in the national capital, Goyal said that the timeline of the IPO will depend on the achievement of various business targets. These include the company becoming profitable at the Earnings Before Tax (EBITDA) level, strengthening cash flows and achieving overall profitability. He said that it is certain to bring IPO, there is no question whether it will come or not. The question becomes when will it come, Airlan is not created just to bring IPO, but our aim is to bring such a company which actually has some value…
earnings better than expected
The loss-making airline has been EBITDA positive for the period September 2025 to March 2026. Goyal said that this year our loss has been less than last year, which shows that be it income, income per unit, cost per unit, EBITDA or cash consumption, all are getting better as per our expectations. Goyal said that the target is to increase the company’s capacity by about 30 percent in the current financial year. Capacity growth in the next four to five years is expected to be in the range of 30 to 40 percent.
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