Akasa Air Plans to Raise $1 Billion for Expansion and Market Share

Seeking funds through debt and equity to expand fleet and market share Targeting 74 aircraft by 2027

Funding Goals

Rekha Jhunjhunwala unlikely to participate in upcoming equity rounds Family currently holds 40% of Akasa Air

Jhunjhunwala Family's Position

Aims to capture 12-15% of domestic market by 2027 Plans to fly 20 million domestic and 1.5 million international passengers annually

Targeting Market Share

Discussions with Premji Invest and Claypond Capital for $125 million investment Seeking prominent investors to reassure global lessors

Investment Interest