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Akasa Air is well-capitalized, path to profitability intact
January 24, 2025
|Mint Chennai
CEO Dube said the country's two newest airports should help improve its profitability
Akasa Air, the country's youngest airline, remains well-capitalized, and it has more cash than when it started commercial operations in August 2022, according to Akasa Air chief executive officer Vinay Dube.
This comes even as the airline nears closing a $120-million infusion of funds from a clutch of investors such as the family offices of billionaires Azim Premji and Ranjan Pai, according to an executive with knowledge of the development.
هذه القصة من طبعة January 24, 2025 من Mint Chennai.
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