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Akasa Air Reviews

Mumbai, Maharashtra

4.0/ 5

3 reviews

Akasa Air, legally operating as SNV Aviation Private Limited, is an Indian low-cost airline headquartered in Mumbai, Maharashtra. Founded in 2020 by aviation veteran Vinay Dube and co-founded by Aditya Ghosh, the airline was envisioned to democratize the skies by making air travel affordable and accessible to India's growing middle class. The carrier received significant financial backing from the late billionaire investor Rakesh Jhunjhunwala, who held a major stake of around 46% in the airline. Following his passing in 2022, his estate continues to hold a significant ownership share alongside prominent institutional investors like Premji Invest, 360 ONE Asset, and Claypond Capital. The airline received its Air Operator Certificate (AOC) from the Directorate General of Civil Aviation (DGCA) in July 2022 and commenced commercial operations on August 7, 2022, with an inaugural flight from Mumbai to Ahmedabad. Akasa Air utilizes the IATA code QP and the ICAO code AKJ. It positions itself as India's fastest-growing airline and aims to be among the top 30 global airlines by the end of the decade. The carrier emphasizes sustainability and efficiency, priding itself on operating the youngest and greenest fleet in the Indian skies by deploying fuel-efficient Boeing 737 MAX aircraft. Akasa Air has established major operational hubs at Chhatrapati Shivaji Maharaj International Airport in Mumbai and Kempegowda International Airport in Bengaluru, with future expansion plans targeting hubs at the upcoming Navi Mumbai International Airport and Noida International Airport. In less than two years from its inception, the airline expanded globally, launching its first international flight to Doha, Qatar, in March 2024. It has since scaled its international network to include destinations such as Kuwait, Saudi Arabia, Thailand, and the United Arab Emirates. As of mid-2026, the airline flies to over 30 destinations. To fuel its long-term growth, Akasa Air has placed significant aircraft orders, committing to a total of 226 Boeing 737 MAX planes, including a massive order of 150 aircraft announced in early 2024. Financially, the company remains a private entity funded primarily by private investors rather than heavy bank loans, recently raising additional capital to support expansion. While facing industry-wide challenges like pilot shortages, supply chain delays, and widening net losses due to rising maintenance and employee costs, its unit economics continue to improve. In January 2026, Akasa Air achieved a major institutional milestone by becoming an official member of the International Air Transport Association (IATA) after successfully completing the rigorous IATA Operational Safety Audit (IOSA).