Akasa Air CFO Says International Capacity Will Be Between 20% To 25% By End Of Fiscal Year

July 22 (Reuters) -

• AKASA AIR CFO: AIR TRAVEL DEMAND IN INDIA WILL OUTPACE SUPPLY

• AKASA AIR CFO: INDUSTRY CAPACITY WILL GROW AT 6%-8%, DEMAND WILL GROW MORE THAN THAT

• INDIA'S AKASA AIR CFO: WILL REACH FLEET OF 226 AIRCRAFT BY 2032

• INDIA'S AKASA AIR CFO: WILL GET FIRST MAX 10 FROM 2027 ONWARDS

• INDIA'S AKASA AIR CFO: 16% OF CURRENT OPERATIONS ARE INTERNATIONAL

• INDIA'S AKASA AIR CFO: HAVE MORE CONFIDENCE IN BOEING DELIVERING AIRCRAFT ON TIME

• INDIA'S AKASA AIR CFO: CAPACITY THIS FISCAL WILL RISE ABOUT 30% VERSUS 50% RISE LAST YEAR

• INDIA'S AKASA AIR CFO: INTERNATIONAL CAPACITY WILL BE BETWEEN 20% TO 25% BY END OF FISCAL YEAR

• INDIA'S AKASA AIR CFO: HAVEN’T SEEN IMPACT ON DEMAND DUE TO AIR INDIA CRASH

• AKASA AIR CFO: BOEING DELIVERIES EXCEPTED TO BE SMALLER IN INITIAL YEARS COMPARED TO LATER PERIOD AS AIRLINE APPROACHES 2032

Source text: [ID:]