Akasa Air FY24 revenue soars 339%, losses up over two-fold

Akasa Air saw a significant revenue increase to ₹3,069.6 crore in FY24, but losses also grew to ₹1,670.1 crore due to rapid expansion. Despite this, the airline reported a 10% rise in revenue per available seat kilometre. Akasa plans to increase capacity by 50-55% in FY25, anticipating further revenue growth.