Economy, Banking and Finance · 10 January 2026
Akasa Air joins International Air Transport Association (IATA) as fifth Indian carrier member.
Exam-focused facts from the 10 January 2026 current affairs briefing.
Key facts
- Akasa Air becomes the fifth Indian airline to join IATA after Air India, Air India Express, IndiGo and SpiceJet.
- IATA members account for more than 80 per cent of global air traffic.
- Akasa Air qualified the IATA Operational Safety Audit (IOSA) in December, a mandatory prerequisite for membership.
- Akasa Air has served over 23 million passengers and connects 26 domestic and six international cities.
- Akasa Air aims to operate a fleet of 226 new Boeing 737 MAX aircraft over ten years and currently operates 31 aircraft of the same model.
- In FY25, Akasa Air registered a revenue growth of 49% and improved EBITDA margins by 50%.
- The airline registered industry-leading load factors of over 87% and grew ASKs by 48% compared to FY24.
- Unit Cost per Available Seat Kilometre (CASK), excluding fuel, reduced by 7%.
- Ancillary portfolio expanded to over 25 products, contributing to a diversified revenue model.
- Akasa Air carried nearly 100,000 tonnes of cargo by March 2025 and built a network of more than 1,150 corporate partners.