Akasa Air aims for IPO in next 2-5 years

Akasa Air aims for IPO in next 2-5 years

India’s Akasa Air has said it plans to launch an initial public offering (IPO) within the next two to five years, according to CEO Vinay Dube. The airline also noted that it remains well-capitalised and sees no immediate need for fresh capital before going public. Despite aircraft-delivery delays from Boeing, it is pressing ahead with expansion.

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