Akasa sees no demand dip despite A-I crash

Akasa Air continues recording "healthy" load factors and traveller confidence as passenger demand remains unaffected since the AI171 crash last month, the firm's chief financial officer, Ankur Goel, said on Tuesday.

- DEEPAK PATEL

"We really haven't seen any impact. I see the load factors and they are very healthy," Goel said at a media roundtable.

He added that people are still flying with confidence. "Despite the anguish, we believe the sector is resilient and robust. People are still travelling with a lot of faith and confidence that airlines will do everything possible for them to have a safe experience and travel," he noted.

Regarding new investors, Goel said regulatory approvals are in the final stages, adding there is no external borrowing planned. Akasa Air, which began operations in August 2022, had on February 6 announced that it had signed agreements with investors, including Premji Invest, Ranjan Pai's investment office, and 360 One Asset to infuse fresh capital into the airline.