Akasa’s losses are mounting when IndiGo is posting record profits, Let’s deep dive into what’s happening.
Akasa faces high costs and underutilized planes, doubling its losses in the second year.
IndiGo turns profits with efficient operations and strategic expansions, earning INR 8,200 crore in 2023.
Akasa over-hires pilots, causing high costs and inefficiencies, while IndiGo maintains optimal staffing.
Akasa over-hires pilots, causing high costs and inefficiencies, while IndiGo maintains optimal staffing.
Akasa’s losses reached INR 1,670 crore in 2023-24, contrasting sharply with IndiGo’s daily profits of INR 22 crore.
Akasa struggles with delayed aircraft deliveries and excess staffing, while IndiGo expands smoothly.
Akasa faces a tough road ahead with financial hurdles, while IndiGo continues to thrive.