SNV Aviation Private Limited, which launched its first commercial flight in August 2022 under Akasa Air, in publication of 14 July carried out to the Ministry of Business Affairs, he said its interim revenue was a total £1 399.6 crore during April-red period. This was 22.2% increase from £1 145.4 crore in April-June last year.
On Friday Spicejet based in Delhi in Nový Dilli said that its revenue from operations fell by 24% gradually and 35.6% from year to year to year to year £1 059.8 Crore in April June.
Akasa Air based in Mumbai has a permanent share of the market since May last year: the 5.5% share of Akasa in July was, according to data published by the Civil Aviation General Directors of more than twice the share of 2% of Spicejet.
However, this is the first time that Akas’s income overcame Spicejet’s revenues for a quarter. Akasa ended FY25 with £4 582.72 crore in income and £In comparison with a loss of 1,983.4 crore £5 073.7 crore in income and £52.6 Crore profit reported by Spicejet.
“The reason for Akasa’s success is that it is a new airline first, so it is well financed and the industry is also growing. Second, the current leader from a successful airline that brings effective strategies and helps them to develop their business,” said Bolinjkar, research manager in Ventura.
In the first quarter of Akasa £365.5 Provisional Loss of Crore is more than Spicejet £236.5 Loss of crore.
“Since Akasa is a new airline, initially the losses will be high. The thing to watch is how quickly they can reduce their losses,” Bolinjkar said.
Akasa Ghosh, a member of the Board of Directors and co -founder of Akasa, Ghosh, and the General Advisor of Priya Mehra, were previously with Indigo, the largest Indian airline.
Interglobe Aviation, which operates Indigo, has ended £80 802 crore in income and £7 248.9 Crore profit in FY25. Air India owned by Tata ended £78 636 crore in AA income £10 859 losses crore.
Home air transport in the country ended in March 2025 by 7.6% to 165.4 million.
Karan Khanna, the main analyst for hotels, aviation, assets and small and midcaps, Ambit Capital, notes that Akasa strives to replicate the low -cost operating model Indigo and follows the game Indigo with overall expansion. “Due to their better capital structure compared to some of their peers, they can also focus on expanding their international routes and focus on building a long -term market share,” Khanna said.
The heart of Spicejet’s troubles is its inability to raise funds, which leads to delay in the salaries of employees and the default values of payments to aircraft landlords, some of which have re -aircraft.
Over the years, as domestic carriers have added aircraft to their fleet, Spicejet’s fleet reduced: the carrier fleet dropped from 88 aircraft at the end of March 2022 to 61 at the end of March 2025. Only 40% or 25 Spicejet planes are functional, functional.
“Spicejet has too many distractions that they cannot concentrate on their business, for example, their brand has hit because it does not have timely services and their losses are growing,” Bolinjkar said.
Spicejet attributes its weak performance “geopolitical situation in our neighborhood”, which has led to some restrictions on flying aircraft. “Moreover, the delay in the return of grounded aircraft as a result of global restrictions on the supply chain and the general repairs of the engine has further reduced our available capacity, which directly influenced income,” said Spicejet spokesman.
The spokesman said the carrier is “a primary focus on profitable and sustainable growth”.
Akasa expects to add five more aircraft to their current fleet by 2032 by 2032 by 2032 by 2032 by 2032 by 2032.
Akasa that started with an investment £260 crore by investor Rrakesh Jhunjhunwala in August 2022, recently increased £1200 crore from family offices of billionaires based in Bengalur Azim Primeji and Ranjan Pai, as well as the company for management of wealth and assets 360 One Wam Ltd.
Co -founder Akasa Air and CEO of Vinay Dube and Jhunjhunwala family owned about 75% of the carrier, according to May 12. The shares changed after investment from Přemja and PAI.
Text messages and calls to Dub were unanswered.
“Customers choose Akasa because there are limited services and there are so many new airports that will be announced. The number of airports is constantly calculated and international also opens. So the competition is not very intense,” Bolinjkar said.
However, this impressive start of Akasa is now preparing a greater challenge before the youngest carrier of the country: competitions against the two largest carriers, Indigo and Air India. Indigo and Air India with market shares of 65.2%and 26.2%respectively, in July they held a combined 91.4%share in the domestic air market and created Duopol.
To mention these figures in the perspective, Akasa flew at FY25 76.93 Lakh passengers, which was less than what Indigo flew every month.
Another challenge facing Akasa Air is that its entire fleet consists of a single aircraft model, the Boeing 737 Max, a model that has been temporarily grounded worldwide due to security and manufacturing problems.
Another problem that Akasa is facing is the promised delivery of aircraft by boeing.
“We understand that the supply of Boeing aircraft were delayed in FY25 due to a strike to their American devices with their union machines, which lasted about seven weeks, causing temporary stop and disruption of production,” said Akasa. “The strike ended in early November 2024, after which Boeing renewed production.”
(Tagstotranslate) Akasa Air (T) Spicejet (T) SNV Aviation Private Limited (T)
