Industry sources told businessline that Akasa Air's net loss widened to around ₹550 crore in the first quarter of fiscal 2027, a big jump from last year's ₹350 crore loss.
Higher fuel prices and currency swings are to blame, but the airline says it's still financially strong and focused on growing.
Akasa Air raises ₹450cr, expands fleet
To keep things moving, Akasa raised ₹450 crore from investors like Rekha Rakesh Jhunjhunwala and Azim Premji's family office.
The airline also added its 45th Boeing 737 MAX and now has over 200 daily flights, showing it's serious about expanding both its fleet and network.