Akasa Air, despite delays in aircraft deliveries from Boeing, remains firm in its decision not to lease aircraft from the secondary market. The airline, which currently holds a 4.7% market share in India’s domestic aviation sector as of October 2024, operates 26 737 MAX aircraft and was originally expecting to expand its fleet sooner. However, the delays in Boeing’s deliveries have pushed back Akasa’s fleet expansion timeline to April 2025.
The airline is poised to receive five additional aircraft in the first quarter of fiscal year 2025-26, seven months after its 26th aircraft arrived in September 2024. Despite these setbacks, Akasa Air is focused on growing its market share and improving operational efficiency rather than turning to the secondary market for leasing planes.
Instead of expanding its fleet quickly through leasing, Akasa is prioritizing network consolidation, operational performance, and the establishment of a more robust foundation for long-term growth. The airline is also setting its sights on expanding into short-haul international markets from India, looking to tap into profitability and expansion opportunities before venturing into the Tier-II and Tier-III markets within the country.
Akasa’s decision to avoid the secondary market reflects its strategy of focusing on building a sustainable and efficient operation rather than opting for quick fixes. As the airline looks to strengthen its domestic position and pursue international opportunities, it will continue to focus on profitability and long-term growth.