News · Mobility & Logistics
Akasa Air joins IATA after safety audit milestone
By Startup Enthusiast ·
- Date
- Company
- Akasa Air
- What it does
- Low-cost commercial airline operator
- Kind
- News
- Based in
- Mumbai
- Founded
- 2020
- Sector
- Mobility & Logistics
What they do
Akasa Air operates commercial passenger flights across domestic and international routes using a modern fleet of Boeing aircraft
What happened
The airline secured membership in the International Air Transport Association after successfully completing the required operational safety audit
Why it matters
This milestone aligns the carrier with major global airlines and supports its ongoing expansion in the aviation sector
The details
- Akasa Air has officially become a member of the International Air Transport Association (IATA) after completing the mandatory IATA Operational Safety Audit (IOSA).
- The admission makes Akasa Air the fifth Indian airline to join the global aviation body, joining carriers like Air India, Air India Express, IndiGo, and SpiceJet.
- IATA represents over 360 member airlines globally, which account for more than 80 per cent of worldwide air traffic.
- Through this membership, the airline aims to participate in industry dialogues regarding safety management, digital transformation, and sustainable aviation.
- Separately, the airline experienced operational disruptions on routes such as Pune to Bengaluru due to technical snags and delays.
The bigger picture
- Membership in IATA enhances the global credibility of the young carrier as it continues to expand its domestic and international footprint.
- India represents a massive aviation market, with the sector generating $53.6 billion in financial impact and sustaining 7.7 million employment opportunities.
About the business
- Akasa Air operates as a low-cost commercial passenger airline connecting numerous domestic destinations and international cities.
- The company generates revenue primarily through passenger ticket sales, cargo transport, and an expanding ecosystem of ancillary products and services.
- The airline maintains a fleet of Boeing 737 MAX aircraft powered by fuel-efficient CFM LEAP-1B engines.
- Corporate offerings include specialized programs and partnerships designed to accommodate business travellers across its expanding network.
What happens next
- The airline aims to operate a fleet of 226 new Boeing 737 MAX aircraft over a period of ten years.
- Management targets positioning the company among the top 30 airlines globally by the turn of the decade.
The deal
- Type
- other
Investors
- Premji Invest (participated) — Institutional investor providing capital to support long-term stability.
- 360 ONE Asset (participated) — Institutional investor backing the company's expansion plans.
- Claypond Capital (participated) — Institutional investor involved in funding the airline.
Founders
- Vinay Dube, Founder and Chief Executive Officer
- Neelu Khatri, Co-Founder
About Akasa Air
- Customers
- Travellers booking domestic and regional flights
- How it makes money
- Sells passenger air tickets and related travel services
- What sets it apart
- Emphasis on customer experience, safety, reliability, and newer aircraft
Other articles talking about it
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- Akasa Air plans IPO in next 2-4 years, says CFO23 June 2026 · News
- Akasa Air signs lease deal with BOC Aviation for three jets22 May 2026 · Partnership
- Akasa Air co-founder Praveen Iyer resigns as chief commercial officer11 February 2026 · People
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